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Securitize posts record $19.5M quarter and eyes public listing via SPAC merger with Cantor Equity Partners II!

Securitize reported its highest-ever quarterly revenue of $19.5 million in Q1, up 39% year over year, as its…

Securitize reported its highest-ever quarterly revenue of $19.5 million in Q1, up 39% year over year, as its asset-servicing business surged 201% to $8.3 million — a reflection of the platform's expanding footprint across 650 active funds. The company now oversees $3.4 billion in tokenized assets under management and $24.9 billion in assets under administration.

Profitability remains elusive: net loss widened to $7.9 million as Securitize ramps headcount and infrastructure ahead of its planned SPAC merger with Cantor Equity Partners II, the Nasdaq-listed vehicle that would make it one of the few publicly traded companies focused primarily on tokenized real-world assets. Adjusted EBITDA fell to $800,000 from $4.1 million a year earlier.

The growth story is being built around institutional partnerships — the New York Stock Exchange, Uniswap Labs, and others — signalling that demand for…

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Agrégé de CoinDesk · Vérifié · Dernière mise à jour 2d ago
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