BlackRock tokenization partner Securitize drops 20% after hours, revenue misses expectations
2026-08-12 22:30
Odaily News: Digital asset tokenization company Securitize saw its stock fall 20% in after-hours trading Wednesday. The company reported a loss per share of $2.37, versus market expectations of a $0.15 loss per share; revenue declined 5% to $14.4 million, below the consensus estimate of $20.6 million.
During the same period, Securitize's average tokenized assets under management reached $4.3 billion, an all-time high; trading volume surged 147% to $5.3 billion. Wall Street is pushing for funds, equities, and other assets to be tokenized via blockchain. (CoinDesk)
During the same period, Securitize's average tokenized assets under management reached $4.3 billion, an all-time high; trading volume surged 147% to $5.3 billion. Wall Street is pushing for funds, equities, and other assets to be tokenized via blockchain. (CoinDesk)
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