Tokenization company Securitize (SECZ) stated it has agreed to acquire River One, an institutional financing enterprise based in New York, as part of its strategy to break into the $6 trillion asset-backed lending sector.
The agreement, revealed on Monday alongside the financial results of Securitize for the third quarter, will incorporate warehouse financing mechanisms into its operations. Such lending allows companies to secure funds against collections of loans or alternative collateral, offering liquidity before those assets are refinanced or sold off. According to a study by international investment firm KKR, the private asset-backed finance industry was valued at $6.1 trillion during 2024 and is expected to surpass $9 trillion by the year 2029.
River One was originally nurtured by digital asset investment firm Framework Ventures and additionally secured support from decentralized lending protocol Maple Finance (SYRUP). Monetary details of the transaction were left undisclosed, and the purchase is anticipated to finalize during the fourth quarter.
Securitize has established itself as a vital infrastructure foundation within the rapidly growing tokenized asset sector, assisting fund managers in launching conventional securities onto distributed ledger networks. Established in 2017 and headquartered in Miami, Florida, the enterprise delivers issuance, transfer agency, and fund administration solutions for blockchain-based securities, serving prominent customers such as BlackRock, Apollo, KKR, Hamilton Lane, and VanEck.
The River One transaction comes after Securitize completed its public listing on the New York Stock Exchange in July. Back then, Chief Executive Officer Carlos Domingo shared with CoinDesk that the enterprise intended to utilize its approximately $400 million financial reserve for strategic purchases, prioritizing entities that enhance its institutional tokenization infrastructure rather than acquiring direct rivals.
The River One purchase represents a milestone toward executing that approach, integrating borrowing and credit operations into the current enterprise model of Securitize.
Credit stands out as one of the most compelling developing asset classes for blockchain-driven financial networks, and purchasing River One serves as a crucial milestone in growing our footprint within this domain, stated Securitize CEO Carlos Domingo via an official release.
The enterprise disclosed $18.6 million in revenue for the quarter, reflecting a 13% increase compared to the previous year, whereas its net loss totaled $66.3 million. Roughly $60 million of that deficit originated from primarily non-cash outlays and bookkeeping adjustments, primarily connected to its stock market debut and corporate integration, the business explained.
Mean tokenized holdings across its platform reached $5 billion, representing a 39% growth year-over-year, while transfer volume advanced 20% to hit $4.3 billion.
Securitize additionally revealed a $50 million stock repurchase initiative spanning through December 2027. The organization concluded September holding approximately $300 million in liquid capital and zero liabilities.
Equities of SECZ increased roughly 10% during after-hours market sessions on Monday following the disclosures, though they continue to trade approximately 50% lower compared to late September.
Originally published at https://www.coindesk.com/business/2026/11/09/securitize-pushes-into-usd6-trillion-asset-backed-finance-market-with-river-one-acquisition.
