Key facts
- Securitize said the acquisition would give it a role arranging credit alongside issuing and servicing tokenized assets.
- Securitize said about $60 million of its $66.3 million quarterly net loss reflected largely noncash expenses and accounting charges.
- Securitize ranks second among real-world asset platforms with $3.7 billion in total RWA value, per RWA.xyz.
- Ondo ranks first among real-world asset platforms with $4.1 billion in total RWA value, per RWA.xyz.
- River One is developing technology that would let lenders tap stablecoin funding for new loans.
Key facts
- Securitize said the acquisition would give it a role arranging credit alongside issuing and servicing tokenized assets.
- Securitize said about $60 million of its $66.3 million quarterly net loss reflected largely noncash expenses and accounting charges.
- Securitize ranks second among real-world asset platforms with $3.7 billion in total RWA value, per RWA.xyz.
- Ondo ranks first among real-world asset platforms with $4.1 billion in total RWA value, per RWA.xyz.
- River One is developing technology that would let lenders tap stablecoin funding for new loans.
Numbers
- $18.6M — Securitize third-quarter revenue
- 13% — Securitize third-quarter revenue growth from a year earlier
- $66.3M — Securitize third-quarter net loss
- $60M — portion of Securitize net loss it said was largely noncash expenses and accounti
- $3.7B — Securitize total real-world asset value, per RWA.xyz
- $4.1B — Ondo total real-world asset value, ranked first by RWA.xyz