BlackRock tokenization partner Securitize falls 20% after hours, revenue misses expectations
2026-08-12 22:30
Odaily Planet Daily 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, missing the market expectation of a loss per share of $0.15; revenue fell 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, a record high; trading volume increased 147% to $5.3 billion. Wall Street is pushing for funds, stocks, and other assets to be tokenized via blockchain. (CoinDesk)
During the same period, Securitize's average tokenized assets under management reached $4.3 billion, a record high; trading volume increased 147% to $5.3 billion. Wall Street is pushing for funds, stocks, and other assets to be tokenized via blockchain. (CoinDesk)
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