Securitize Revenue Rises 28% With Planned River One Acquisition

Securitize's third-quarter revenue climbed 28% year over year to $11.5 million as it announced plans to acquire River One, adding asset-backed finance capabilities to its tokenization business. The deal, announced Monday, Nov. 9, would extend Securitize's activity into conventional lending. River One is developing tools to connect institutional financing with stablecoin capital for use in traditional credit markets. The companies did not disclose the financial terms. Securitize CEO Carlos Domingo described the acquisition as a way to expand beyond tokenized funds, Treasuries and stocks. Domingo pointed to a $9 trillion asset-backed finance market, where stablecoins could finance real-world assets, generate yield and support tokenized investment positions and credit products. During the third quarter, tokenized assets on the platform climbed 9% from a year earlier to $4.8 billion.

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