Securitize to Acquire River One, Pushing Tokenization Into the $6 Trillion Asset-Backed Lending Market

Published November 10, 2026, 6:45 AM PKT. Based on Securitize's announcement distributed by PR Newswire on November 9, 2026, with reporting from CoinDesk, Crypto Briefing, jbiznews and KuCoin News.

Securitize Corp. (NYSE: SECZ) signed a definitive agreement to acquire River Credit Labs Inc., known as River One, an institutional asset-backed financing platform that connects stablecoin capital with traditional lending markets, the tokenization firm announced on November 9. The deal, whose financial terms were not disclosed, is expected to close in the fourth quarter of 2026, subject to customary closing conditions.

The acquisition adds a financing layer to Securitize's platform, moving the company beyond issuing and servicing tokenized assets into asset-backed lending. By combining its tokenization infrastructure with River One's warehouse financing technology, Securitize said institutions will be able to bring financial assets onchain and borrow against them through one integrated platform. The deal targets the $6 trillion global private asset-backed finance market, where banks, private credit funds and specialty lenders provide capital to businesses backed by portfolios of income-generating assets. KKR estimates that market could grow to $9.2 trillion by 2029. The $6 trillion figure is an estimate of the size of the market Securitize is targeting, not the price of the deal, which was not disclosed.

The $321 billion stablecoin pool behind the deal

Securitize said the acquisition comes as the global stablecoin market has grown to about $321 billion, creating new opportunities to put digital capital to work in the real economy. River One is developing relationships with capital providers in the stablecoin ecosystem to finance high-quality, income-generating assets, while keeping traditional credit underwriting standards and legal protections, including bankruptcy-remote special-purpose vehicles, collateral requirements and ongoing portfolio monitoring, according to the announcement.

River One was founded in New York in 2025 and was incubated by Framework Ventures, with investment backing from Framework Ventures and Maple Finance. The platform specializes in warehouse financing backed by portfolios of income-generating assets, including small business loans, receivables and other collateral. Warehouse facilities give lenders and loan originators capital to fund loans as they are originated.

What River One brings to Securitize

River One's platform brings AI-powered origination, structuring, facility setup, borrowing-base reporting, collateral monitoring and funding operations into a single system, according to the announcement, giving lenders and borrowers a shared, real-time view of their financing positions. The technology is designed to streamline warehouse credit facilities while combining traditional underwriting and legal protections with blockchain-based financial infrastructure.

"Credit is one of the most exciting emerging asset classes for blockchain-based financial markets, and acquiring River One represents an important step in expanding our business into this space," said Carlos Domingo, chairman and chief executive of Securitize. "River One brings a talented team, deep expertise in asset-backed financing and blockchain technology that will allow us to participate in asset origination and lending markets."

"Asset-backed financing is a critical part of the financial system, but the infrastructure supporting it has significant room for innovation," said Braham Mehta, co-founder and chief executive of River One. "We built River One to bring modern AI and blockchain technology and new sources of capital to institutional lending while maintaining the credit discipline and protections these markets require. Joining Securitize gives us the opportunity to bring this approach to a much larger market."

Third-quarter revenue rose 13% as Securitize authorized a $50 million buyback

Securitize announced the deal alongside its third-quarter 2026 results, reporting revenue of $18.6 million, up 13% from a year earlier, according to KuCoin News. The company posted a net loss of $66.3 million, of which about $60 million consisted mostly of non-cash expenses and accounting adjustments tied to its public listing and business combination. As of the end of September, Securitize held about $300 million in cash and had no debt, according to KuCoin News.

The board authorized the repurchase of up to $50 million of common stock on November 6, with the program running through December 31, 2027 and funded from available cash, according to jbiznews. The acquisition has not closed, and the companies said completion depends on customary closing conditions.

Securitize manages about $5 billion in assets as of September 2026 and works with asset managers including Apollo, BlackRock, BNY, Hamilton Lane, KKR and VanEck, according to the announcement. The company says it is the only firm operating regulated digital-securities infrastructure in both the United States and the European Union, and it was named to the Forbes 2026 Fintech 50 and CNBC's World's Top Fintech Companies 2026 lists. In October, Securitize launched tokenized Apple, Nvidia and Tesla shares on Solana, an earlier step in widening its tokenized product range.

Sources

• Securitize Corp., press release distributed by PR Newswire, November 9, 2026 (primary source: definitive agreement to acquire River Credit Labs Inc. ("River One"); expansion from issuance and servicing of tokenized assets into asset-backed lending; $6 trillion global private asset-backed finance market, with KKR estimating growth to $9.2 trillion by 2029; global stablecoin market of about $321 billion; River One founded in New York in 2025, incubated by Framework Ventures, with backing from Framework Ventures and Maple Finance; warehouse financing backed by small business loans, receivables and other collateral; AI-powered origination, structuring, facility setup, borrowing-base reporting, collateral monitoring and funding operations; expected close in the fourth quarter of 2026, subject to customary closing conditions; approximately $5 billion in assets under management as of September 2026; partnerships with Apollo, BlackRock, BNY, Hamilton Lane, KKR and VanEck; regulated digital-securities infrastructure in the U.S. and EU; Forbes 2026 Fintech 50 and CNBC World's Top Fintech Companies 2026; quotes from Carlos Domingo, chairman and chief executive of Securitize, and Braham Mehta, co-founder and chief executive of River One)
• CoinDesk, via KuCoin News, Securitize to Acquire River One to Expand into the $6 Trillion Asset-Backed Lending Market, published November 9, 2026 (secondary reporting: definitive agreement announced November 9; acquisition adds a financing layer to Securitize's platform; KKR estimates the global private asset-backed financing market could grow from $6 trillion to $9.2 trillion by 2029; transaction expected to close in the fourth quarter of 2026)
• Crypto Briefing, Securitize agrees to acquire River One, terms undisclosed, published November 9, 2026 (secondary reporting: financial terms not disclosed; deal announced November 9, 2026 alongside third-quarter 2026 earnings; River One incubated by Framework Ventures and backed by Framework Ventures and Maple Finance; close expected in the fourth quarter of 2026)
• jbiznews, Securitize Agrees to Buy New York-Based River One, Announces $50 Million Buyback, published November 9, 2026 (secondary reporting: board authorized repurchase of up to $50 million of common stock on November 6, running through December 31, 2027 and funded from available cash; $6 trillion figure is a market-size estimate based on KKR and Integer Advisors data, not the purchase price; acquisition has not closed)
• KuCoin News, Securitize Acquires River One to Expand Asset-Backed Financing; Q3 Revenue Rises 13%, published November 10, 2026 (secondary reporting: third-quarter revenue of $18.6 million, up 13% year over year; net loss of $66.3 million, of which about $60 million consisted mostly of non-cash expenses and accounting adjustments related to the public listing and business combination; about $300 million in cash and no debt as of the end of September)

This article is news reporting and is not investment advice.