Securitize agrees to buy River One to move into asset-backed lending, as Q3 revenue rises 13%

Published Mon, 09 Nov 2026 22:56:27 UTC · Updated Tue, 10 Nov 2026 14:10:00 UTC · Edited by Bizzle · AI-assisted

⚪NeutralThe deal and revenue growth are company-specific news for a tokenization stock, with a widening loss, and are not tied to a particular crypto token.News sentiment, not financial advice. It reflects the likely impact of this news, not a price prediction.

Summary

Tokenization firm Securitize (SECZ) agreed to acquire River One, a New York-based firm that provides warehouse financing backed by loans, receivables and other assets, CoinDesk and The Block reported Monday.

Securitize said the deal opens the roughly $6 trillion private asset-backed finance market to it; financial terms were not disclosed, and the transaction is expected to close in the fourth quarter, according to both outlets.

Alongside the deal, Securitize reported third-quarter revenue of $18.6 million, up 13% from a year earlier, and a net loss of $66.3 million that it said was mostly non-cash charges tied to its public listing and business combination.

The company also announced a $50 million share buyback, and its shares rose after hours, about 10% according to CoinDesk and 12.2% to $7.82 according to The Block.

Updates

Update, Tue, 10 Nov 2026 14:10:00 UTC: Update (Nov. 10): Cointelegraph confirmed the deal and Q3 figures and added that River One is building technology to let lenders tap stablecoin funding against pools of small business loans or receivables. It cited RWA.xyz data ranking Securitize second among real-world asset platforms with $3.7 billion, behind Ondo at $4.1 billion.

Key facts

The Block: River One was founded in 2025, incubated by Framework Ventures and backed by Framework Ventures and Maple Finance; it uses stablecoin capital to fund facilities while borrowers draw and repay in ordinary dollars. (The Block)
CoinDesk: about $60 million of the $66.3 million net loss came from largely non-cash expenses and accounting charges; The Block put the non-cash share at around 90% and the loss at $0.41 per diluted share. (CoinDesk)
CoinDesk and The Block: average tokenized assets on the platform reached $5 billion, up 39% year over year. (CoinDesk)
CoinDesk: transaction volume climbed 20% to $4.3 billion, and Securitize ended September with about $300 million in cash and no debt. (CoinDesk)
CoinDesk: the buyback runs through December 2027, and SECZ shares remain roughly 50% below their late-September level. (CoinDesk)
The Block: Q3 revenue compares with a 5% year-over-year decline to $14.4 million in the second quarter; shares closed Monday at $6.97 before the after-hours move. (The Block)
CoinDesk: CEO Carlos Domingo said "Credit is one of the most exciting emerging asset classes for blockchain-based financial markets." (CoinDesk)