Securitize Reports $66.3 Million Loss in First Public Quarter, Agrees to Buy River One

Securitize posted a $66.3 million loss in its first quarter as a public company, driven largely by charges tied to its listing, while revenue rose 13% to $18.6 million. The tokenization firm’s board approved a $50 million share buyback and the company agreed to acquire River One. The results offer an early look at the economics of a major real-world asset tokenization platform as the sector draws more institutional interest. Investors will watch whether the River One deal and buyback can offset listing-related costs and support revenue growth in coming quarters.