Market Performance
Revenue & Burn
Protocol income
$1.24MBuyback funds
$0Burn funds
--Buyback ratio
0.0%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $1.24M | $0 | -- | 0.0% |
| Sep 2026 | $2.72M | $0 | -- | 0.0% |
| Aug 2026 | $2.83M | $0 | -- | 0.0% |
| Jul 2026 | $2.81M | $0 | -- | 0.0% |
| Jun 2026 | $2.67M | $0 | -- | 0.0% |
| May 2026 | $2.73M | $0 | -- | 0.0% |
Comparison
Team
Sub Organizations
Follow Updates
Follow Lists
People
About Securitize
Securitize is a regulated infrastructure provider for tokenizing real-world assets (RWA), such as private fund shares and bonds, on blockchains like Ethereum and Solana. Its core business covers the full lifecycle: issuance, transfer agency, fund administration, and secondary trading via an SEC-regulated alternative trading system (ATS).
Its moat lies in combining four SEC registrations (broker-dealer, transfer agent, fund administrator, ATS) with blockchain capabilities. This dual stack is hard to replicate, as traditional transfer agents lack blockchain tech, while crypto firms lack regulatory licenses. The network effect of shared infrastructure also matters: multiple asset managers on one platform create liquidity, similar to banks using SWIFT.
Market pain points addressed: high minimum investments (e.g., $2M reduced to $10K), illiquid private funds with no secondary market, and slow settlement (days vs. minutes on-chain).
Recent six months (Feb-Aug 2026): Securitize listed on NYSE under ticker SECZ in July. Q2 2026 results showed record tokenized AUM of $4.3B and trading volume of $5.3B (+147% YoY), but revenue fell 5% to $14.4M, missing analyst estimates of $20.6M, with adjusted EBITDA turning to a $5.5M loss. Stock dropped 20% after hours. Key developments: received FINRA approval to custody tokenized securities, partnered with Computershare and Continental for tokenized stock markets, and launched USAFi digital security in Dubai under VARA framework. However, revenue growth lagged activity growth, highlighting the monetization challenge.
Securitize, founded in 2017 by Carlos Domingo, has evolved from a tokenization infrastructure provider into a publicly listed RWA platform. Key milestones include: becoming the first pure RWA tokenization infrastructure company to list on the NYSE (July 2, 2026, ticker SECZ, raising ~$400M via SPAC merger with Cantor Equity Partners II); surpassing $5 billion in tokenized assets; completing SEC registration as an investment advisor for Securitize Capital (July 2026), adding RIA licensing to its broker-dealer, ATS, transfer agent, and fund administrator stack; receiving a $250M investment from Ethena into its AAA CLO fund; Hanwha Group becoming its largest shareholder; launching Neuberger Berman's first tokenized fund (HINC); and BlackRock filing a second tokenized fund application with Securitize. The company plans to deploy $400M+ toward acquisitions to expand institutional tokenization capabilities, while the SEC's crypto innovation exemption rule may face delays to early October, signaling ongoing regulatory evolution.
Securitize's Q2 2026 revenue was $14.4M, down 5% YoY, with a net loss of $21.7M (EPS -$2.37) and adjusted EBITDA loss of $5.5M. H1 revenue rose 16% to $33.9M, driven by asset servicing growth, but tokenization revenue declined. Rising costs and integration expenses widened losses, despite strong growth in tokenized AUM and transaction volume. Overall, performance reflects investment-phase challenges with mixed results.
Co-founders and core executives:
Carlos Domingo – Co-founder & CEO. Previously CEO of Telefónica R&D and Telefónica Digital; founder of SPiCE VC. Leads Securitize, a leading RWA tokenization platform.
Jerome Roche – General Counsel. Expert in securities law and digital assets.
Brett W. Redfearn – President. Former SEC Head of Trading & Markets; ex-Coinbase Head of Capital Markets; ex-J.P. Morgan market structure lead.
Giang Bui – VP, Head of Issuer Growth. Drives issuer adoption and growth.
Chongwu Du – Chief Strategy Officer. Former J.P. Morgan quantitative analyst; led Wharton blockchain accelerator.
Billy Miller – COO. Former COO of Pacific Stock Transfer; heads transfer agency operations.
Duke Kim – Director, Securitization Fund Services Solutions.
Daria O. – Senior Director of Marketing.
Samuel Ross – VP, Head of Investor Relations. CFA charterholder.
Recent team changes at Securitize: In April 2026, Brett W. Redfearn, former SEC Director of Trading and Markets, was appointed President and joined the board. He previously served as Chairman of the Advisory Board and brings experience from the SEC, JPMorgan, and Coinbase.
In June 2026, Head of Marketing Justin Pesola departed, who had joined in June 2024.