Securitize falls 16% after earnings miss, tokenization revenue drops

Securitize's shares plummeted 16% on Thursday after the tokenization platform's quarterly revenue fell short of Wall Street expectations. The company disclosed $14.4 million in revenue for Q2, a 5% decline from the same period last year, according to its earnings report released on Wednesday. This figure fell below the consensus estimate of $20.6 million from analysts tracked by Yahoo Finance.

Trading commenced at $6.62 in premarket hours, reflecting a 16% decrease from Wednesday's closing price of $7.86. Additionally, Securitize reported a 12% drop in tokenization revenue to $7.8 million, down from $8.9 million in the previous quarter. The BlackRock-backed firm also disclosed a record average tokenized AUM of $4.3 billion for Q2 2026, representing a 16% increase from the same period last year.

However, the company posted a net loss of $21.7 million for the quarter, a significant increase from the $6.1 million loss in the previous year. Adjusted EBITDA turned to a $5.5 million loss from a $1.8 million profit in the same period. Across the tokenized real-world asset market, the number of asset holders surged beyond 1.7 million, with an asset value of approximately $38 billion, as per RWA.xyz data.