Particle.news
Download on the App Store

Securitize Posts Record Q1 Revenue as It Readies SPAC Listing

Institutional partnerships and recent FINRA approvals strengthen the firm’s bid to show tokenized real‑world assets can scale to mainstream markets.

Overview

  • The company disclosed Wednesday that Q1 revenue rose to a record $19.5 million, a 39% year‑over‑year increase driven largely by asset servicing growth.
  • Securitize reported $3.4 billion in tokenized assets under management, $24.9 billion in assets under administration and $1.9 billion in transaction volume for the quarter.
  • Profitability weakened as net loss widened to $7.9 million and adjusted EBITDA fell to $0.8 million, which management tied to added headcount and costs for preparing to become a public company.
  • Securitize has won several institutional integrations and approvals, including a NYSE design partnership, Uniswap Labs work for BlackRock fund access, a Computershare tie‑up and FINRA clearance to custody and underwrite tokenized securities.
  • The firm is pursuing a merger with Cantor Equity Partners II to list on Nasdaq in the second half or late 2026, a step that would bring new capital and public scrutiny and that will test whether tokenization can move from niche deals to broader market adoption.