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Securitize shares plunge following disappointing Q2 earnings
Securitize Corp., the BlackRock-backed digital asset tokenization platform, saw its shares plunge between 16% and 20% following a disappointing second-quarter earnings report for 2026. The company reported revenue of $14.4 million, a 5% year-over-year decline that missed analyst consensus estimates of $20.6 million. Net losses expanded significantly to $21.7 million, compared to a $6.1 million loss in the prior-year period, while adjusted EBITDA swung to a $5.5 million loss.
Despite the financial shortfall, the company reported strong operational growth in its core sector. Average tokenized assets under management reached a record $4.3 billion, a 16% annual increase. Transaction volume also surged 147% year-over-year to $5.3 billion. Following its recent debut on the New York Stock Exchange, Securitize also noted it had brought its own common stock onchain, becoming a major tokenized equity in the U.S.
Separately, the U.S. Securities and Exchange Commission (SEC) has delayed its planned “innovation exemption” for tokenization. The delay follows concerns from the White House regarding potential interference with the Digital Asset Market Clarity Act (CLARITY Act) negotiations, as well as pushback from Wall Street groups like SIFMA. SIFMA has argued that significant market structure changes should be addressed through public legislative processes rather than regulatory exemptions.
Entities
BlackRock · Carlos Domingo · KKR · New York Stock Exchange · SIFMA · Securitize · Securitize Corp. · U.S. Securities and Exchange Commission