Securitize Agrees to Acquire River One for Warehouse Financing

Securitize announced on November 9, 2026, that it had entered into a definitive agreement to acquire River Credit Labs Inc., known as River One, adding warehouse-financing capabilities to its tokenization platform. Financial terms were not disclosed.

Upon closing, the acquisition would extend Securitize beyond the issuance and servicing of tokenized assets into asset-backed lending. The companies aim to pair Securitize’s tokenization infrastructure with River One’s warehouse-financing technology so institutions can bring financial assets onchain and access financing against them through one integrated platform.

KKR’s Asset-Based Finance primer estimates the private global asset-based finance market at more than $6.1 trillion, based on data available as of March 31, 2024, and says it could reach $9.2 trillion by 2029. The estimate covers private financial assets originated and held by non-banks globally for household and business credit. It excludes loans securitized or sold to government agencies and assets acquired through capital-markets or other secondary and syndicated channels.

KKR distinguishes that market from direct lending: repayment in asset-based finance is primarily supported by hard assets or diversified pools of financial assets, while a direct-lending borrower’s ability to repay depends on its future operating cash flows. River One focuses on warehouse facilities backed by income-generating assets, including small-business loans and receivables.

Securitize put the global stablecoin market at approximately $321 billion and presented it as a pool of digital capital that could be connected with real-economy lending. River One is developing relationships with stablecoin-ecosystem capital providers to support the financing of income-generating assets, but the announcement does not describe those relationships as completed funding commitments.

River One’s Warehouse-Financing Operations

Founded in New York in 2025, River One was incubated by Framework Ventures and has investment backing from Framework Ventures and Maple Finance. Its warehouse facilities are designed to provide lenders and other loan originators with capital to fund loans as they are originated.

River One says its platform brings together AI-powered origination and structuring, facility setup, borrowing-base reporting, collateral monitoring and funding operations, with a shared real-time view of financing positions for lenders and borrowers. Its model is designed to preserve traditional credit-underwriting standards and legal protections through collateral requirements, ongoing portfolio monitoring and special-purpose vehicles designed to be bankruptcy-remote, while using blockchain technology to improve financing efficiency.

Commercial Ambitions and Closing Conditions

Carlos Domingo, Securitize’s chairman and CEO, said: “River One brings a talented team, deep expertise in asset-backed financing and blockchain technology that will allow us to participate in asset origination and lending markets. This opens up a significant new addressable market for Securitize, with opportunities for higher-value services, additional revenue streams and greater monetization across our platform.”

The announcement does not quantify those potential revenue streams or provide an earnings forecast. Securitize expects the transaction to close in the fourth quarter of 2026, subject to customary closing conditions, so the integrated lending platform remains a plan rather than a completed capability.

The acquisition would move Securitize into financing the creation of loans as well as tokenizing assets. Its commercial impact now depends on completing the integration and converting River One’s developing capital-provider relationships into institutional financing activity.