Securitize shares fell 20 percent in after-hours trading after the tokenisation firm reported second-quarter revenue below analysts’ expectations. Revenue reached $14.4 million (roughly Rs. 137 crore), compared with the $20.6 million (roughly Rs. 196 crore) expected by analysts. The company also reported a $21.7 million (roughly Rs. 207 crore) net loss. Meanwhile, tokenised assets managed through its platform and transaction volumes continued to grow during the quarter.
Securitize Share Drops 20 Percent as Tokenisation Revenue Falls Short of Expectations
