Securitize Acquires Institutional Financing Firm River One to Expand Asset-Backed Financing Business

Odaily reports: Tokenized securities platform Securitize (SECZ) has announced an agreement to acquire New York-based institutional financing firm River One, in a move to expand its asset-backed financing business and enter the approximately $6.1 trillion private asset-backed financing market. The transaction was disclosed in Securitize's Q3 earnings report and is expected to close in Q4 2026, with the specific transaction amount not yet disclosed. River One was incubated by crypto investment firm Framework Ventures and has received backing from blockchain lending platform Maple Finance. The acquisition will add warehouse financing capabilities to Securitize, enabling companies to obtain funding using assets such as loan portfolios as collateral.

According to the earnings report, Securitize's Q3 revenue was $18.6 million, up 13% year-over-year; net loss was $66.3 million, of which approximately $60 million came from non-cash expenses and accounting adjustments related to its public listing and business combination. The platform's average tokenized asset scale reached $5 billion, up 39% year-over-year; trading volume reached $4.3 billion, up 20% year-over-year. Additionally, the company announced the launch of a $50 million share repurchase program, planned to run through December 2027. As of the end of September, the company held approximately $300 million in cash with no debt. Following the acquisition and earnings news, SECZ shares rose approximately 10% after hours, but remain down approximately 50% from late September. (CoinDesk)