2 weeks ago

Securitize Stock Drops 21% After Company Reports $21.7 Million Quarterly Loss

TLDR Securitize posted a $21.7 million net loss in the second quarter, more than triple last year’s loss. Revenue fell 5% year over year to $14.4 million. Average tokenized assets under management hit a record $4.3 billion, up 16%. Transaction volume reached $5.3 billion, up 147% from a year earlier. SECZ shares dropped about 21% [...]

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Source: Blockonomi →