Securitize Revenue Rises 39% Ahead of Planned Cantor SPAC Deal
Summary
Securitize reported first-quarter revenue of $19.5 million, a 39% increase year-over-year, driven by a 201% jump in asset-servicing revenue to $8.3 million while tokenization revenue remained about $11.1 million. The company posted a net loss of $7.9 million and saw adjusted EBITDA fall to $800,000 as it increased headcount and incurred expenses tied to preparing for a public listing. Securitize ended the quarter with $3.4 billion of tokenized assets under management, $24.9 billion of assets under administration and $1.9 billion of aggregated transaction volume. The firm is advancing a planned combination with Cantor Equity Partners II and highlighted institutional partnerships with the NYSE, BlackRock, Uniswap and Computershare as it positions tokenization for broader capital-market adoption.
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