Securitize Corp. on Monday reported year-over-year growth in third-quarter tokenized assets, transaction volume and revenue, and said it had agreed to acquire River One, an institutional asset-backed financing platform, as the Miami-based company looks beyond its core tokenization business^1,2.

Tokenized assets on the platform rose 9% from a year earlier to $4.8 billion, aggregate transaction volume rose 20% to $4.3 billion, and revenue was $11.5 million, up 28%, CNBC reported from company figures¹. Securitize, which trades as SECZ after a July public debut, posted an adjusted EBITDA loss of $2 million, compared with a $3.6 million profit a year earlier and a $5.5 million loss in the second quarter¹. Operating costs and expenses rose 183%¹.

Chief executive Carlos Domingo told CNBC in an exclusive interview that profitability remained below year-ago levels in part because of going-public costs and scaling, and that the company had reinforced finance, compliance, legal and cybersecurity¹. He said adjusted EBITDA had improved from recent quarters¹. The board also authorized a $50 million share buyback¹.

Separately, Securitize said it had entered a definitive agreement to acquire River Credit Labs Inc., operating as River One, which develops technology to connect stablecoin capital with traditional lending markets². Terms were not disclosed^1,2. The company said the deal is expected to close in the fourth quarter of 2026, subject to customary closing conditions².

River One, founded in New York in 2025 and incubated by Framework Ventures with backing from Framework and Maple Finance, focuses on warehouse financing backed by portfolios such as small-business loans and receivables². The release said the transaction would add warehouse financing to Securitize's issuance and servicing platform and that the firm is targeting a private asset-backed finance market it described, citing KKR estimates, as about $6 trillion, with a KKR projection of $9.2 trillion by 2029². CNBC quoted Domingo as citing a $9 trillion market for asset-backed finance¹.

Domingo said credit is an emerging blockchain asset class and that River One would let Securitize participate in origination and lending². River One co-founder and CEO Braham Mehta said joining Securitize would take the firm's approach to a larger market². Domingo also told CNBC the purchase adds another piece as traditional managers and market-infrastructure firms enter tokenization¹.

What remains unknown includes the purchase price, whether closing conditions will be met, and how quickly River One's technology will be integrated^1,2.