Key Highlights

  • Total Revenue was USD 18.6 million, up 13% year over year.
  • Average tokenized Assets on platform were a record USD 5.0 billion.
  • Net loss was USD 66.3 million, or USD 0.41 per diluted share.
  • A USD 50 million share repurchase program was authorized.

Securitize Corp. (NYSE:SECZ) reported third quarter 2026 total revenue of USD 18.6 million, up 13% versus the prior year period and the second highest quarterly total revenue in the company's history. Reported EPS was negative USD 0.41 and revenue was USD 18.61 million, compared with estimates of EPS of negative USD 0.22 and revenue of USD 17.56 million.

Chairman and Chief Executive Officer Carlos Domingo said the company listed on the New York Stock Exchange in the quarter and reached a company record USD 5 billion in average tokenized assets, up 39% from a year ago.

Financial Highlights

Total tokenized assets on the platform were USD 4.8 billion as of September 30, 2026, up 9%. Aggregate transaction Volume was USD 4.3 billion, up 20%. Securitize Fund Services serviced 669 active funds, roughly flat versus the prior year period, with total assets under administration of USD 25.2 billion, down 29%.

Tokenization revenue was USD 11.5 million, up 28%, and asset servicing revenue was USD 7.2 million, down 6%. Total revenue was up 29% from the prior quarter. Total operating costs and expenses were USD 42.2 million, compared with USD 14.9 million, and the loss from operations was USD 23.6 million, compared with income from operations of USD 1.6 million.

Net Loss and Adjusted EBITDA

Net loss was USD 66.3 million, or USD 0.41 per diluted share, including approximately USD 60 million, about 90% of the net loss, of largely non-cash expenses and accounting charges primarily associated with the Business combination and public listing. The statement of operations shows a loss on settlement of convertible instruments of USD 20.6 million and a change in the Fair Value of earnout liabilities of negative USD 23.2 million.

Adjusted EBITDA was a loss of USD 2.0 million, versus positive adjusted EBITDA of USD 3.6 million in the prior year period and a 64% improvement from the prior quarter. For the nine months, revenue was USD 52.5 million, up 15%.

Listing, Products and Capital

The company completed its business combination with Cantor Equity Partners II on July 1, 2026 and began trading on the NYSE under the ticker symbol SECZ on July 2. On October 8, 2026 it launched Securitize Stocks, giving eligible investors in the United States, Europe and other permitted jurisdictions access to tokenized interests in U.S. listed equities.

The company announced the River One Acquisition to expand into tokenized asset backed finance, with closing targeted for the fourth quarter of 2026, subject to customary closing conditions. It ended the quarter with approximately USD 300 million in cash and cash equivalents and no debt. On November 6, 2026 the board authorized the repurchase of up to USD 50 million of common stock through December 31, 2027; the program does not obligate the company to purchase any shares and may be modified, suspended or terminated at any time.

Listing Charges and the River One Deal

Securitize's net loss of USD 66.3 million includes approximately USD 60 million of largely non cash charges tied to its business combination and listing. The company also announced the River One acquisition and a USD 50 million repurchase program running through December 31, 2027.