Securitize posts record Q1 revenue, $3.4 billion in tokenized assets under management

Securitize posted record revenue in the first quarter, which saw the tokenization firm land partnerships with the New York Stock Exchange and the decentralized exchange Uniswap.

The company reported Q1 revenue of $19.5 million — its best to date — up 39% from a year earlier.

Its tokenized assets under management reached $3.4 billion as of March 31, though this is still a fraction of its nearly $25 billion in total assets under administration.

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Securitize also reported $1.9 billion in transaction volume during the quarter and said it now services roughly 650 funds through its Securitize Fund Services.

The quarter included several large institutional pushes tied to tokenized securities infrastructure.

"Tokenization is evolving from isolated products into an interconnected financial system," Securitize said in the earnings release.

In March, Securitize and the NYSE revealed a collaboration aimed at supporting the tokenized securities market. Under the partnership, Securitize was named the first firm eligible to mint blockchain-based securities for ETFs on the NYSE's Digital Trading Platform.

Benchmark analysts, who called Securitize a "picks and shovels" play for tokenization, recently argued that even capturing "just one basis point" of the NYSE's roughly $44 trillion market capitalization would more than double the tokenized asset base on Securitize.

The firm also grew the reach of BlackRock's BUIDL tokenized money market fund through new integrations with Uniswap Labs. Shares of the fund are now available to trade on UniswapX infrastructure.

Meanwhile, U.S. regulators are signaling that they are becoming more open to blockchain-based securities infrastructure. Bloomberg reported this week that the SEC could soon unveil an innovation exemption framework for tokenized stocks, while FINRA earlier this month approved Securitize to custody tokenized securities and underwrite tokenized IPOs and secondary offerings.

Securitize is also continuing plans to go public through its previously announced SPAC deal with Cantor Equity Partners II. The IPO is expected to go through in the second half of 2026 and will trade under the ticker SECZ.