Securitize agreed to buy River One to bring stablecoin funding to asset-backed lending and expects the deal to close in the fourth quarter of 2026.
BlackRock-backed tokenization platform Securitize agreed to buy River One, a New York financing firm, in a deal that would expand the tokenization company into asset-backed lending, the company said Monday.
The deal would add a new financing layer to Securitize’s platform, expanding into asset-backed lending, according to a Monday release.
River One is developing technology that would let lenders tap stablecoin funding. Lenders could use pools of small business loans or receivables as collateral to borrow money and fund new loans.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments