Securitize Reports Record-Breaking Quarter Ahead of 2026 Public Debut

Key Highlights

Table of Contents

Q1 2026 revenue reached $19.5 million, marking a 39% year-over-year increase
Asset servicing segment revenue soared 201% to $8.3 million
Platform managed $3.4 billion in tokenized assets by the end of the quarter
Net loss expanded to $7.9 million due to pre-IPO investments and expansion initiatives
Public market debut through SPAC merger with Cantor Equity Partners II targeted for H2 2026

The Miami-headquartered tokenization platform Securitize has delivered its strongest quarterly performance to date during the opening months of 2026, positioning itself strategically as it approaches its transition to a publicly listed entity.

LATEST: 📊 Securitize posted record Q1 revenue of $19.5 million, up 39% year-over-year, with tokenized AUM reaching $3.4 billion as of March 31. pic.twitter.com/SZvhyS2oKA
— CoinMarketCap (@CoinMarketCap) May 20, 2026

The firm generated Q1 revenue totaling $19.5 million, representing a robust 39% climb versus the corresponding quarter in the previous year.

Asset Servicing Segment Powers Revenue Expansion

The asset servicing division emerged as the primary growth driver, with revenues skyrocketing 201% to reach $8.3 million. This impressive performance was fueled by the expansion of Securitize Fund Services, which was managing 650 active funds by the conclusion of March.

Tokenization-related revenue held steady at $11.1 million, showing minimal variation from the $11 million recorded during Q1 2025.

Throughout the three-month period, the platform facilitated $1.9 billion in transaction activity and maintained oversight of $24.9 billion in aggregate assets under administration.

The value of tokenized assets under management climbed to $3.4 billion at quarter’s end, though this represents just a fraction of the company’s broader asset administration portfolio.

Operating Expenses Drive Larger Net Loss

While revenue climbed substantially, the company recorded a net loss of $7.9 million, equivalent to 88 cents per diluted share—a wider deficit compared to the previous year’s corresponding period.

Management attributed the expanded loss to accelerated recruitment efforts, infrastructure investments, and expenses associated with preparing for the public markets transition.

On an adjusted Ebitda basis, the company maintained profitability, though the metric declined to $800,000 from $4.1 million in the year-ago quarter.

CFO Francisco Flores noted that Securitize closed the quarter with strong liquidity and achieved approximately breakeven operating cash flow when excluding working capital fluctuations and public company preparation costs.

Strategic Alliances and Evolving Regulatory Landscape

The first quarter witnessed several high-profile institutional collaborations. March saw Securitize and the New York Stock Exchange unveil a partnership aimed at advancing the tokenized securities ecosystem. The platform became the inaugural firm authorized to create blockchain-based securities for ETFs on the NYSE’s Digital Trading Platform.

Additionally, the company broadened access to BlackRock’s BUIDL tokenized money market fund via a fresh integration with Uniswap Labs. Fund shares can now be traded through UniswapX infrastructure.

From a regulatory perspective, FINRA granted Securitize approval this month to custody tokenized securities and facilitate underwriting for both tokenized IPOs and secondary market offerings. Bloomberg has also indicated that the SEC may be preparing to unveil an innovation exemption framework specifically for tokenized equities.

Benchmark analysts characterized Securitize as a “picks and shovels” investment opportunity in the tokenization space, noting that capturing even a modest percentage of the NYSE’s approximately $44 trillion market capitalization could potentially more than double its current tokenized asset holdings.

Public Listing Via SPAC Remains on Schedule

Securitize continues to advance its plans for a public market debut via a business combination with Cantor Equity Partners II, a special purpose acquisition company listed on Nasdaq. The transaction is anticipated to finalize during the latter half of 2026, with shares expected to trade under the ticker symbol SECZ.

Cantor Equity Partners II shares appreciated 5% on Wednesday in response to the earnings announcement.