SECZ earnings call: key takeaways

• Securitize reported revenue of $18.6 million for Q3 2026, exceeding the $3.5 million improvement from the prior quarter. The company highlighted strong growth in tokenized assets and strategic initiatives in tokenized equities and fund tokenization. (56:39)

Results vs expectations

What changed since last quarter

• The company raised its full-year revenue guidance to $70-80 million, up from previous expectations. (1:25:21)
• Securitize expanded its tokenized equities offerings, launching 25 U.S. equities on-chain. (1:01:44)
• The CEO emphasized the importance of regulated venues over innovation exemptions, highlighting the company's fully registered broker-dealer model. (1:04:22)

What analysts pressed on

• Whether issuers are uncomfortable with third-party tokenization without direct involvement. (1:28:06)
• How the new TSV and ATS venues will impact revenue models. (1:43:00)
• Concerns about the regulatory environment for tokenized sports team ownership in the U.S.. (1:45:00)

In their words

• We achieve a record $5 billion in average tokenized assets in our platform. (16:08)
• We're not simply a technology provider using tokenization. We bring together a transfer agent, a broker-dealer... Carlos (1:16:00)
• We think that lending markets are also going to be another interesting monetization opportunity for us there. (1:45:00)