Securitize to acquire River One in push toward asset-backed lending market
The tokenization platform Securitize has announced plans to acquire River One, integrating stablecoin-powered financing into asset-backed lending operations with an anticipated closing date in Q4 2026.
Tokenization platform Securitize, which counts BlackRock among its backers, has reached an agreement to acquire River One, a financing company based in New York, in a transaction that will push the tokenization firm into the asset-backed lending sector, the company announced on Monday.
According to a release issued on Monday, the transaction will introduce an additional financing component to Securitize's existing platform, marking its entry into the asset-backed lending space.
River One has been building technological infrastructure designed to enable lenders to access funding through stablecoins. The technology would allow lenders to leverage portfolios of small business loans or accounts receivable as backing to secure capital and finance additional lending activities.
Through this acquisition, Securitize would gain capabilities in credit arrangement to complement its current operations of issuing and managing tokenized assets for clients including BlackRock. The transaction is projected to reach completion during the fourth quarter of 2026.
With $3.7 billion in aggregate real-world asset (RWA) value, Securitize holds the position of second-largest RWA platform. The top position belongs to Ondo with $4.1 billion, based on data from RWA.xyz.
The company disclosed the acquisition announcement concurrently with its Q3 financial performance. Revenue climbed 13% year-over-year to reach $18.6 million, though the company recorded a net loss of $66.3 million. According to Securitize, approximately $60 million of the reported loss represented primarily noncash expenditures and accounting adjustments connected mainly to its business combination and transition to public trading.
Cointelegraph reached out to Securitize and River One for comment.