Securitize Enters $6T Asset-Backed Finance Market via River One Deal
By TickerJolt Markets Desk • Fact-checked under TickerJolt Editorial Standards
The Scoop
Tokenization firm Securitize acquired River One to expand into the $6 trillion asset-backed finance market. The company also announced a $50 million stock buyback following a 13% rise in quarterly revenue.
+10%
After-hours share price increase
Why It Matters
- Securitize expanded its footprint into the $6 trillion asset-backed finance market.
- The firm announced a $50 million stock buyback alongside the River One acquisition.
- Quarterly revenue rose 13%, pushing shares up 10% in after-hours trading.
Primary Source / Reference:
CoinDesk ↗
READER SENTIMENT — 1-TAP VOTE
0 votes
