Securitize Stock Rises Following Q3 Results and Planned Acquisition
Securitize shares increased in after-hours trading following third-quarter results and an agreement to acquire River One.
Shares of Securitize rose by twelve percent during after-hours trading following the release of its third-quarter financial results. Alongside the earnings report, the company announced an agreement to acquire River One.
According to the details provided, the acquisition is anticipated to introduce a new financing layer to the Securitize platform. This development is expected to allow the company to expand its service offerings to include asset-backed lending.
Original report: The Block ↗
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