Securitize shares fell 16% from Wednesday’s close after the tokenization platform’s $14.4 million second-quarter revenue missed Wall Street estimates.
Securitize shares sank in premarket trading on Thursday after the tokenization platform missed Wall Street revenue estimates.
Securitize reported $14.4 million in total revenue in its second-quarter earnings, down 5% compared to the same period last year, according to its quarterly results published on Wednesday.
The revenue came in below the Wall Street consensus estimate of $20.6 million, according to analyst estimates compiled by Yahoo Finance. Securitize shares traded at $6.62 in premarket trading as of 8:10 am UTC, down about 16% from Wednesday’s $7.86 close.
Securitize reported $7.8 million in quarterly revenue from tokenization, down 12% from $8.9 million in the second quarter of 2025.
The BlackRock-backed company also reported a record average tokenized AUM of $4.3 billion in the second quarter of 2026, up 16% from the second quarter of last year.
Securitize posted a net loss of $21.7 million for the quarter, widening from $6.1 million a year earlier. Adjusted EBITDA swung to a $5.5 million loss from a $1.8 million profit.
Across the broader tokenized real-world asset market, the number of asset holders has climbed to more than 1.7 million, while distributed asset value stands at roughly $38 billion, according to data provider RWA.xyz.
Magazine: Securitize gains on NYSE debut with tokenized stocks live on Solana, Avalanche
Source
This article is syndicated for educational reading. For the latest updates, visit the original publisher.
Read on cointelegraph.com
