Securitize Acquires River One for Expansion

Securitize announced the acquisition of River One, an institutional asset-backed financing platform, alongside Q3 results showing tokenized assets grew 9% to $4.8 billion and revenue reached $11.5 million. The Miami-based firm also authorized a $50 million share buyback and reported an adjusted EBITDA loss of $2 million as it expands into tokenized stocks and credit products.