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Securitize Shares Rise 12% After Hours on Q3 Results and River One Acquisition

(2 hours ago) · 1 source · Summarized by CryptoBipto

Securitize shares increased 12% in after-hours trading following the release of its Q3 results and the announcement of an agreement to acquire River One. The company, which operates a platform for tokenized real-world assets, saw investor interest following the combined news.

WHY IT MATTERS

Securitize is a company working on "tokenization," which means taking traditional financial assets — like shares in a fund or a piece of real estate — and representing them as digital tokens on a blockchain.

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SOURCES

  • theblock.co

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Real-World AssetsTokenizationCorporate AcquisitionsPublic Markets