Siebert Financial reports revenue growth and new tokenized equity partnerships

Siebert Financial Corp. reported second quarter 2026 revenue of $31.2 million, a significant increase from $14.9 million in the same quarter of the previous year. The company's operating loss narrowed to $0.5 million, compared to a $5.8 million loss in the prior-year quarter. Key revenue drivers included a 43% increase in stock borrow/stock loan revenue to $10.8 million and a rise in investment banking revenue to $2.4 million.

As of June 30, 2026, retail customer net worth reached $20.9 billion, with the number of retail accounts increasing 6% to 176,041. Assets under management in the company's registered investment adviser division rose 16% to approximately $445.6 million.

On the strategic front, Siebert announced a collaboration with tZERO and Streamex to distribute blockchain-enabled, yield-bearing tokenized securities. Additionally, Kakao Pay Securities has selected Siebert as its U.S. financial partner to explore providing 24-hour access to tokenized South Korean equities, aiming to mitigate time-zone barriers and improve settlement speeds.