
Securitize Reports Record $19.5 Million Q1 Revenue As Tokenized Assets Reach $3.4 Billion
Key Takeaways
- First-quarter revenue rose to $19.5 million, up 39% year over year.
- Pursuing public listing via SPAC merger with Cantor Equity Partners II.
- Remains in the red despite record quarterly revenue.
Record quarter, tokenized scale
Securitize reported record first-quarter revenue of $19.5 million, up 39% year over year, as tokenized assets under management reached $3.4 billion as of March 31.
“Securitize remains in the red even as record quarter fuels public listing plans The tokenization platform reported record quarterly revenue but continued to post losses as it invested in growth and public-company preparations tied to its merger with Cantor Equity Partners II”
CoinDesk said the tokenization platform ended the quarter with $3.4 billion in tokenized assets under management and $24.9 billion in assets under administration, alongside $1.9 billion in aggregated transaction volume.

The company also reported that asset servicing revenue surged 201% to $8.3 million, while tokenization revenue totaled $11.1 million compared with $11 million in the same quarter a year earlier.
CoinDesk reported that Securitize remained unprofitable, with net loss widening to $7.9 million, or 88 cents per diluted share, even as it increased spending on expansion efforts and preparations for becoming a publicly traded company.
Partnerships and listing plans
Securitize said it became the first firm eligible to mint blockchain-based securities for ETFs on the NYSE's Digital Trading Platform, after a March collaboration with the New York Stock Exchange.
Bloomingbit reported that Securitize secured eligibility to issue ETF blockchain securities on the New York Stock Exchange’s digital trading platform and that it integrated BlackRock’s BUIDL fund with UniswapX.

Bloomingbit added that Securitize is pursuing a Nasdaq listing in the second half of this year through a merger with special purpose acquisition company Cantor Equity Partners II, with plans to trade under the ticker SECZ after the listing.
Traders Union said the SPAC listing is expected to be completed in the second half of 2026 under the ticker SECZ, and it described FINRA approvals for Securitize for custody and tokenized IPOs and SPAC listing with Cantor Equity Partners II targeting the second half of 2026.
Loss-making, what’s at risk
CoinDesk reported that Securitize’s net loss widened to $7.9 million and that adjusted EBITDA fell to $800,000 from $4.1 million in the prior-year period as it invested in headcount and infrastructure.
“Securitizereportedrecord quarterly revenue as the tokenization platform continued advancing toward an eventual public listing through its proposed SPAC merger with Cantor Equity Partners II (CEPT), underscoring growing institutional demand for tokenized real-world assets despite ongoing profitability pressures”
CoinDesk also quoted Chief Financial Officer Francisco Flores saying the company continued investing in headcount and infrastructure to support long-term growth and its public-market transition while maintaining what he described as disciplined expense management.
Traders Union said FINRA approved Securitize for custody and tokenized IPOs and secondary offerings, and it framed the outlook around regulatory tailwinds and institutional partnerships tied to tokenized securities infrastructure.
TipRanks reported that Securitize posted a net loss of $7.9 million, or $0.88 per diluted share, despite positive Adjusted EBITDA of $0.8 million, and it said the company’s future performance would hinge on successful completion of the SPAC transaction and continued adoption of tokenized funds and real-world assets by institutions.
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