DS News & Analysis

Securitize (DS) Q3 Revenue Rises 28% to $11.5M with $50M Buyback

Securitize reported a 28% increase in third-quarter revenue to $11.5 million. Tokenized assets on its platform grew by 9% year-over-year to $4.8 billion. The company also saw a 20% rise in aggregate transaction volume to $4.3 billion during the quarter. Alongside its growth in revenue and platform activity, Securitize announced a strategic acquisition of River One, which is an institutional asset-backed financing platform aiming to enhance technology for stablecoin-linked products. The company’s board authorized a $50 million share buyback program. This expansion into asset-backed finance marks a diversification of Securitize’s business from its original tokenization platform operations, started publicly in July. For investors, the new acquisition and buyback program indicate the company’s plans to strengthen its market position and shareholder value through both growth and capital return.