Securitize pushes into $6 trillion asset-backed finance market with River One acquisition
Summary
Tokenization firm Securitize acquired River One to enter the asset-backed finance sector while announcing a stock buyback program. Alongside these corporate moves, the company reported higher quarterly revenue and a subsequent rise in its share price during after-hours trading.
The tokenization firm unveiled an acquisition and a $50 million stock buyback as quarterly revenue rose 13%. SECZ shares jumped 10% after hours.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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