Securitize to buy River Credit Labs

Securitize, a BlackRock-backed tokenization platform, has reached an agreement to acquire River One, a New York-based financing firm, to broaden its reach into asset-backed lending. The deal is set to close in the fourth quarter of 2026, as announced by Securitize on Monday. This acquisition will add a new financing layer to Securitize's platform, allowing it to tap into stablecoin funding.

River One specializes in developing technology that enables lenders to utilize pools of small business loans or receivables as collateral for borrowing and funding new loans. By acquiring River One, Securitize aims to take on a role in arranging credit alongside its existing operations, which include issuing and servicing tokenized assets for firms such as BlackRock.

The acquisition ranks Securitize as the second-largest real-world asset (RWA) platform with a total value of $3.7 billion, with River One being first among its competitors, boasting $4.1 billion in RWA value, according to RWA.xyz. Securitize's Q3 results revealed a 13% increase in revenue to $18.6 million, although the company reported a $66.3 million net loss.

Approximately $60 million of this loss was attributed to noncash expenses and accounting charges, primarily related to its business combination and public listing. Securitize has requested comment from both Securitize and River One for further clarification.