Securitize’s Third-Quarter Revenue Is Its Second-Highest on Record
Start here
AI-assisted source synthesis · not an independent investigation.
On November 10, Securitize announced its first quarterly results since going public: third-quarter revenue was $18.6 million, up 13% year over year and the company’s second-highest quarterly revenue on record; average tokenized assets during the period reached a record $5 billion. The company also agreed to acquire River One and received approval for a common stock repurchase program of up to $50 million. A subsequent report added that, as of September 30, Securitize held $4.8 billion in tokenized assets; according to RWA.xyz, Ondo had $4.04 billion and Securitize had $3.81 billion, though the two platforms use different measurement methodologies. The first results also reported a net loss of $66.3 million, mainly related to merger and listing expenses.
AI-written from reports · updated 19 hours ago
Timeline
Follow the reporting to see the different sides of the story.
- Finance MagnatesSecuritize’s average tokenized assets reached a record $5 billion in the third quarter, while Ondo claims its platform is the largest
Securitize’s average tokenized assets reached a record $5 billion in the third quarter, up 39% year over year, but its holdings stood at $4.8 billion as of September 30. Data from RWA.xyz on Monday showed Ondo at $4.04 billion, exceeding Securitize’s $3.81 billion; the two platforms use different measurement methodologies. Securitize’s first earnings report as a publicly listed company showed a net loss of $66.3 million, primarily related to merger and listing expenses.
- CryptopolitanSecuritize's third-quarter revenue reaches $18.6 million, its second-highest on record
Securitize's third-quarter revenue was $18.6 million, up 13% year over year, marking the company's second-highest quarterly revenue on record and its first reporting period as a public company. Average tokenized assets reached a record $5 billion during the same period; the company agreed to acquire River One and approved a common stock repurchase plan of up to $50 million.
Heat over time
Current heat 11·Peak over the comparable range 19 (Nov 10 16:00)·Change over the comparable range in the last 24 hours –
Trends compare only the same entities that were fully and continuously observed, so the range can be narrower than the current heat statistics. Move the pointer or tap the chart to read hourly heat; arrow keys work on a keyboard.