Tokenization platform Securitize gains 10% postmarket on Q3 results, move into asset-backed finance

AI Summary

Securitize rose 10% in postmarket trading after reporting third-quarter results and expanding into asset-backed finance. Its move into the sector follows growth in tokenization and an acquisition of River One.

Securitize saw growth in tokenization last quarter and announced its expansion into asset-backed finance through the acquisition of River One.