Securitize Grows Revenue 13% in First Public Quarter, Agrees to Buy River One

Brief

By Dextape Desk · November 10, 2026

Securitize, a tokenization firm listed on the New York Stock Exchange since July, reported a $66.3 million third-quarter net loss, its first as a public company. Sales grew 13 percent year over year, reaching $18.6 million. The company attributed roughly $60 million of the loss mainly to non-cash items and accounting charges tied to its merger and listing. CFO Francisco Flores said during a November 9 call that earnout liabilities caused a $23.2 million charge, as the share price climbed from $11.78 at the deal's close to $14.59 on September 30. Securitize also agreed to buy River One, a platform that lends to institutions against asset pools, backed by Framework Ventures and Maple Finance. The purchase is expected to close by year-end. Terms were not disclosed, and Flores said the deal should not materially affect fourth-quarter results.

Why it matters: A newly listed tokenization company posted a large loss driven mainly by accounting items while pursuing an acquisition, a useful data point for crypto readers tracking public firms.

Summary by Dextape, based on reporting by Unchained. Machine-written from Unchained’s report and checked against it · How Dextape writes