Tokenization platform Securitize has agreed to acquire New York financing firm River One, marking an expansion into asset-backed lending by integrating stablecoin funding into credit markets.
According to announcements made public on Monday, the transaction is anticipated to conclude in the fourth quarter of 2026. River One is currently building technology that enables lenders to utilize collateral pools, such as receivables and small business loans, to borrow funds and issue new loans using stablecoins. This purchase allows Securitize to move beyond its established role of issuing and servicing tokenized assets for clients like BlackRock and enter credit arrangement.
Along with the acquisition agreement, Securitize published its third-quarter financial results. Revenue climbed 13% year-over-year to $18.6 million, accompanied by a net loss of $66.3 million. The firm stated that roughly $60 million of the reported loss stemmed from noncash expenses and accounting charges primarily related to its public listing and business combination. Currently, Securitize holds the position of the second-largest real-world asset platform, managing $3.7 billion in total value.
For crypto readers, the integration of stablecoin funding into traditional asset-backed financing highlights the expanding intersection between decentralized stablecoin infrastructure and institutional credit markets.