Odaily Planet Daily reports that the tokenization platform Securitize announced its first-quarter results, achieving quarterly revenue of $19.5 million, a company record and a 39% year-over-year increase.
As of March 31, Securitize’s tokenized assets under management reached $3.4 billion, with total assets under administration nearing $25 billion. The company also processed $1.9 billion in transaction volume this quarter and served approximately 650 active funds through its Securitize Fund Services.
Within the first quarter, Securitize partnered with the New York Stock Exchange, Uniswap, and others, and benefited from recent approvals by FINRA and the SEC to pave the way for tokenized stocks, IPOs, and on-chain securities in the U.S. market. The company stated that tokenization is evolving from a standalone product format into a more interconnected financial system.

