BlackRock-backed tokenization platform Securitize has agreed to acquire River One, a New York financing firm, in a deal that would expand the company into asset-backed lending, Securitize announced Monday.
The acquisition would add a new financing layer to Securitize’s platform, according to a Monday release. River One is developing technology that would allow lenders to use stablecoin funding, enabling them to borrow against pools of small business loans or receivables as collateral to fund new loans.
The deal would give Securitize a role in arranging credit alongside its existing business of issuing and servicing tokenized assets for firms such as BlackRock. The acquisition is expected to close in the fourth quarter of 2026.
Securitize ranks as the second-largest real-world asset (RWA) platform with $3.7 billion in total RWA value, according to RWA.xyz. Ondo ranks first with $4.1 billion.
Securitize announced the deal alongside its third-quarter results. Revenue rose 13% from a year earlier to $18.6 million, while the company posted a $66.3 million net loss. Securitize said about $60 million of the loss reflected largely noncash expenses and accounting charges tied mainly to its business combination and public listing.
Cointelegraph reached out to Securitize and River One for comment.
