Tokenization platform Securitize stated its revenues are up over 840% to September 2025 in a brand new submitting to go public that strikes forward with its plan to merge with a blank-check firm backed by Cantor Fitzgerald.
Securitize Holdings stated in a public registration assertion filed with the US Securities and Change Fee on Wednesday that its complete revenues for the 9 months ended September 2025 reached $55.6 million, an 841% improve from the identical interval in 2024.
Securitize reported complete income of $18.8 million for all of 2024, a 129% improve from the $8.2 million it made in 2023.
The corporate projected 2026 income of $110 million and adjusted earnings earlier than curiosity, taxes, depreciation, and amortization (EBITDA) of $32 million.
The submitting strikes ahead with its October announcement that it could merge with Cantor Fairness Companions II, a particular function acquisition firm (SPAC) backed by Cantor Fitzgerald.
Conventional finance corporations are more and more exploring tokenization, having been given the arrogance to strive the expertise beneath a crypto-friendly SEC.
Securitize is valued at $1.24 billion
Securitize has stated the deal would worth the corporate at $1.24 billion in pre-transaction enterprise worth and would come with a $225 million Non-public Funding in Public Fairness (PIPE), a financing methodology through which institutional buyers purchase shares in a non-public placement.
The deal, anticipated to shut within the first half of this yr, nonetheless requires shareholder approval and SEC clearance earlier than it’s accomplished.
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“Securitize is well-positioned to capitalize on the potential tokenization market resulting from its merchandise, connectivity to the crypto ecosystem, and talent to draw clients, companions, and buyers,” it stated within the submitting.
The tokenization platform has $4 billion in property beneath administration and blue-chip institutional partnerships, together with BlackRock, Apollo, Hamilton Lane and VanEck, and has seen revenues soar on the real-world asset tokenization increase over the previous yr.
Tokenized worth on-chain surges
The on-chain worth of tokenized property has surged 310% over the previous 12 months, in accordance to RWA.xyz.
It’s at present at an all-time excessive of $24.2 billion, excluding stablecoins, with 40% of that complete in tokenized US Treasuries, 20% in tokenized commodities, 11% in tokenized non-public credit score, and the remainder in tokenized various funds, company bonds, non-US authorities debt and personal and public fairness.
Ethereum is the industry-leading blockchain for asset tokenization, with a 65% market share when layer-2 networks are included.
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