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Securitize Reports Third Quarter 2026 Results

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Announcing the River One acquisition to expand into tokenized asset-backed finance and a $50 million share repurchase program

MIAMI, Nov. 9, 2026 /PRNewswire/ — Securitize Corp. (“Securitize” or the “Company”) (NYSE: SECZ) today announced financial results for the third quarter of 2026, which ended September 30, 2026.

Second-highest quarterly Total Revenue figure in company history. Announce new acquisition & share repurchase program.

“In the third quarter we listed on the New York Stock Exchange and reached a Company-record $5 billion in Average Tokenized Assets, up 39% from a year ago,” said Carlos Domingo, Chairman and CEO of Securitize. “That growth came from tier one asset managers bringing real products onchain including new ones from ARK Invest, BlackRock and Neuberger, and to me it’s the clearest sign yet that institutions are past the experimenting stage. Our agreement to acquire River One takes us into asset-backed finance, and Securitize Stocks, which we launched after the quarter closed to trade alongside our own tokenized stock, lets eligible investors around the world trade U.S. equities onchain with the same rights they’d have holding the stock(1). Alongside our fully regulated venue, we are also planning on supporting Tokenized Securities Venues under the recently announced SEC Innovation Exemption because more paths onchain are good for the whole market. This quarter showed where capital markets are heading, and we plan to be the infrastructure they run on.”

Third Quarter 2026 Financial Highlights

Record average Tokenized Assets on Platform(2) in the third quarter of $5.0 billion, up 39%, with total Tokenized Assets on Platform of $4.8 billion as of September 30, 2026, up 9%Total Revenue of $18.6 million, up 13% versus the prior-year period, the second-highest quarterly Total Revenue figure in the Company’s historyNet loss of $66.3 million, with a net loss per diluted share of $(0.41), including approximately $60 million (~90% of Net loss) of largely non-cash expenses and accounting charges, primarily associated with our business combination and public listingAdjusted EBITDA(3) loss of $2.0 million, versus positive Adjusted EBITDA of $3.6 million in the prior-year periodAggregate Transaction Volume(4) of $4.3 billion during the third quarter of 2026, up 20%669 active funds(5) serviced by Securitize Fund Services (“SFS”) as of September 30, 2026, roughly flat versus the prior year periodSecuritize Fund Services total AUA(6) of $25.2 billion as of September 30, 2026, down 29%

Percentage comparisons throughout this press release are calculated for the third quarter of 2026 versus the third quarter of 2025, unless otherwise specified.

Francisco Flores, Chief Financial Officer, commented, “We are very pleased with our results for the third quarter of 2026, our first reporting period as a public company. Total Revenue was $18.6 million, up 29% from the prior quarter. It was the second-highest quarterly revenue in our history, and our highest first nine months to date. Adjusted EBITDA was a loss of $2.0 million, a 64% improvement from the prior quarter. Approximately 90% of our reported net loss from the quarter was attributable to expenses and accounting charges, primarily non-cash in nature, including those associated with our business combination and NYSE listing, as well as warrant-related expenses.”

Flores concluded, “Our near-term financial priorities remain focused on driving revenue growth, improving operational efficiency, and making progress toward sustained profitability. We ended the quarter with approximately $300 million in cash and cash equivalents and no debt, providing us with the financial flexibility to continue investing in our growth initiatives while opportunistically managing our capital structure. To this end, our Board authorized a $50 million share repurchase program, reflecting our confidence in Securitize’s long-term prospects and our commitment to disciplined capital management.”

Share Repurchase Program

On November 6, 2026, Securitize’s Board of Directors authorized the repurchase of up to $50 million of the Company’s common stock. The share repurchase program will remain open through December 31, 2027 and does not obligate the Company to purchase any shares and may be modified, suspended or terminated at any time. The share repurchase program will be funded from available cash on hand.

Agreed to acquire River One, expanding into asset-backed financing

Today, Securitize announced it has entered into a definitive agreement to acquire River One, an institutional asset-backed financing platform drawing from the stablecoin economy. River One was incubated by Framework Ventures, with investment backing from both Framework Ventures and Maple Finance. The acquisition is expected to add warehouse financing capabilities to Securitize’s tokenization infrastructure, expanding the Company’s addressable market and creating new revenue opportunities from institutional financing activity. The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions.

Securitize Stocks

Launched global onchain trading of U.S. stocks with full security entitlements: On October 8, 2026, Securitize launched Securitize Stocks, giving eligible investors in the United States, Europe and other permitted jurisdictions access to tokenized interests in U.S.-listed equities through its regulated infrastructure(7). Securitize Stocks launched first on Solana. It offers security entitlements backed one-for-one by underlying shares and preserves applicable shareholder rights and economic benefits, including dividends and voting rights. The initial offering includes Apple, Microsoft, Nvidia, Tesla and Amazon, among other leading U.S. companies.

Securitize Stocks do not operate under the SEC’s Innovation Exemption(8), the temporary conditional exemptive relief the SEC granted during the third quarter to certain tokenized securities trading venues and liquidity providers. It runs on Securitize’s established regulatory framework, which includes its SEC-registered broker-dealer, SEC-regulated alternative trading system and SEC-registered transfer agent. The Company views the exemption as a welcome additional pathway for onchain securities markets and believes its regulated infrastructure positions it to support tokenized capital markets as regulatory frameworks evolve.

Third Quarter 2026 Business Highlights

Completed NYSE listing and brought SECZ onchain: Securitize completed its business combination with Cantor Equity Partners II on July 1, 2026, and began trading on the NYSE under the ticker symbol SECZ on July 2. Simultaneously with its public listing, Securitize tokenized its own stock as an issuer-sponsored token through Securitize Transfer Agent, and enabled trading of an NMS security through Securitize Markets, its registered broker-dealer, demonstrating how public companies can use regulated blockchain infrastructure to support digital ownership of their shares and enable utility.

Introduced new tokenized investment products with BlackRock, ARK Invest and Neuberger: BlackRock broadened its tokenized cash offerings with BRSRV, a money market fund tokenized by Securitize and designed to support stablecoin reserve management. ARK Invest tokenized its ARK Venture Fund (ARKVX) with Securitize, while Neuberger launched the Neuberger Securitize High Income Tokenized Fund (HINC), bringing additional venture capital and fixed-income strategies onchain.

Secured SEC registration as an investment adviser: Securitize Capital became an SEC-registered investment adviser, strengthening the Company’s regulated financial services capabilities and supporting its ability to develop and manage investment products for institutional markets.

Advanced issuer-sponsored tokenization and onchain capital formation: Securitize and Cantor Fitzgerald & Co. announced a collaboration to enable onchain initial public offerings and follow-on offerings for public companies. The collaboration builds on Securitize’s broker-dealer capabilities and is designed to extend tokenization into the capital formation process. Separately, Securitize and CURRENC Capital announced a strategic collaboration to advance issuer-sponsored tokenization of publicly traded equities, supporting a model that connects tokenized securities to the rights and benefits of underlying shares.

Expanded Securitize’s reach across blockchains, DeFi markets, international markets, and asset classes: BlackRock’s BUIDL fund expanded to Tempo, and the Neuberger Securitize High Income Tokenized Fund integrated with Loopscale’s credit markets on Solana, giving holders new ways to use tokenized fixed income in decentralized finance. Securitize also announced a collaboration with KB Securities and Optimism to explore institutional investment tokenization in South Korea, a partnership with Socios.com to develop tokenized equity offerings for professional sports teams, and an integration with ADI Chain to support institutional tokenization in global markets.

________________________________________________________________________

Securitize will host a conference call today, November 9, 2026, at 5:30 p.m. ET to present third-quarter 2026 financial results. The general public can access the conference call by dialing +1 (646) 876-9923 (for U.S. and Canada callers). For international callers, please find your local dial-in information here: https://openexc.zoom.us/u/abgHfham22. The meeting ID is 99826158914 and the meeting passcode is 870451.

The live audio webcast and presentation slides will be available on the Company’s investor relations website, https://investors.securitize.io/events-and-presentations/. A replay and transcript of the webcast will be available shortly after the event.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)(9)

Three Months Ended
September 30,

Nine Months Ended
September 30,

2026

2025

YoY Change

2026

2025

YoY
Change

Revenue

$18,610,270

$16,500,042

13 %

$52,524,581

$45,796,237

15 %

Tokenization

11,456,572

8,929,636

28 %

30,430,916

29,065,692

5 %

Asset Servicing

7,153,698

7,570,406

(6) %

22,093,665

16,730,545

32 %

Operating costs and expenses:

Cost of revenue (exclusive of items shown below)

4,536,706

3,513,882

29 %

12,987,718

8,793,163

48 %

Selling, general & administrative

20,801,135

6,734,775

209 %

36,756,487

13,579,862

171 %

Compensation and benefits

16,457,551

4,433,132

271 %

36,106,032

24,438,206

48 %

Provision for expected credit losses

341,259

108,877

213 %

1,941,846

295,150

558 %

Loss on digital assets from operations, net

46,183

133,405

(65) %

415,480

1,243,975

(67) %

Total operating costs and expenses

42,182,833

14,924,072

183 %

88,207,563

48,350,357

82 %

Income (loss) from operations

(23,572,563)

1,575,970

n/m

(35,682,982)

(2,554,120)

1,297 %

Other income (expense):

Interest expense

—

(2,029,981)

(100) %

(3,374,490)

(4,870,039)

(31) %

Interest income

10,849

239,361

(95) %

424,353

754,654

(44) %

Dividend income

1,974,701

18,045

10,843 %

2,215,734

103,192

2,047 %

Loss on digital assets held for investment, net

(412,225)

—

n/m

(1,845,307)

—

n/m

Net (losses) from investments held by consolidated VIE

(746,827)

—

n/m

(746,827)

—

n/m

Other income (expense), net

399,568

(729,574)

n/m

2,135,365

(297,897)

n/m

Change in fair value of option liability

—

511,000

(100) %

(29,176,000)

24,000

n/m

Change in fair value of simple agreements for future equity

—

755,000

(100) %

(5,678,000)

306,000

n/m

Change in fair value of derivative liability

—

8,339,000

(100) %

19,842,000

5,295,000

275 %

Loss on settlement of convertible instruments, net

(20,649,813)

—

n/m

(20,649,813)

—

n/m

Change in fair value of earnout liabilities

(23,223,354)

—

n/m

(23,223,354)

—

n/m

Total other income (expense), net

(42,647,103)

7,102,851

n/m

(60,076,339)

1,314,910

n/m

Net income (loss) from continuing operations before income
taxes

(66,219,666)

8,678,821

n/m

(95,759,321)

(1,239,210)

7,627 %

Provision for income taxes

(44,090)

(81,138)

(46) %

(126,289)

(243,413)

(48) %

Net income (loss) from continuing operations

$(66,263,756)

$8,597,683

n/m

$(95,885,610)

$(1,482,623)

6,367 %

Net loss from discontinued operations

—

(4,511,799)

(100) %

—

(5,702,653)

(100) %

Net income (loss)

(66,263,756)

4,085,884

n/m

(95,885,610)

(7,185,276)

1,234 %

Net loss attributable to redeemable noncontrolling interest

(117,189)

—

n/m

(117,189)

—

n/m

Net income (loss) attributable to Securitize Corp.

$(66,146,567)

$4,085,884

n/m

$(95,768,421)

$(7,185,276)

1,233 %

Net income (loss) from continuing operations per share of
common stock:

Basic

$(0.41)

$0.10

n/m

$(1.19)

$(0.08)

1,430 %

Diluted

$(0.41)

$(0.05)

735 %

$(1.19)

$(0.08)

1,430 %

Net loss from discontinued operations per share of Common
stock:

Basic

$—

$(0.05)

(100) %

$—

$(0.15)

(100) %

Diluted

$—

$(0.04)

(100) %

$—

$(0.15)

(100) %

Net income (loss) per share of Common stock:

Basic

$(0.41)

$0.05

n/m

$(1.19)

$(0.23)

425 %

Diluted

$(0.41)

$(0.09)

354 %

$(1.19)

$(0.23)

425 %

Other comprehensive income (loss):

Foreign currency translation adjustment

(150,928)

99,690

n/m

(28,643)

432,977

n/m

Total other comprehensive income (loss), net

(150,928)

99,690

n/m

(28,643)

432,977

n/m

Comprehensive income (loss)

(66,414,684)

4,185,574

n/m

(95,914,253)

(6,752,299)

1,320 %

Comprehensive loss attributable to redeemable
noncontrolling interest

(117,189)

—

n/m

(117,189)

—

n/m

Comprehensive income (loss) attributable to Securitize
Corp.

$(66,297,495)

$4,185,574

n/m

$(95,797,064)

$(6,752,299)

1,319 %

 

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(9)

September 30, 2026

December 31, 2025

ASSETS

Current assets:

   Cash and cash equivalents

$         298,870,517

$        24,871,555

   Customer escrow funds

14,312,351

44,293,388

   Investments

45,275,932

12,962,918

   Digital assets and digital assets receivable

13,758,902

4,913,203

   Accounts receivable, net (including related parties)

14,840,799

5,915,772

   Contract assets

6,292,359

12,289,139

   Prepaid expenses and other current assets

10,869,195

7,161,253

Total current assets

404,220,055

112,407,228

   Goodwill and intangible assets, net

46,756,289

47,049,098

   Notes receivable, related parties

8,497,356

5,183,987

   Other noncurrent assets

8,539,793

5,134,812

TOTAL ASSETS

468,013,493

169,775,125

LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’
EQUITY (DEFICIT)

Current liabilities:

   Accounts payable, accrued expenses and other current liabilities

12,667,476

13,973,855

   Customer escrow funds payable

14,309,945

44,187,723

   Deferred revenue

2,920,928

5,154,656

Total current liabilities

29,898,349

63,316,234

   Earnout liabilities

98,701,904

—

   Convertible notes, SAFEs, derivative and option liabilities

—

120,571,079

   Other noncurrent liabilities

1,836,149

1,612,335

Total liabilities

130,436,402

185,499,648

Mezzanine equity:

   Redeemable convertible preferred stock and warrants

—

125,546,105

   Redeemable noncontrolling interest

4,583,801

—

Total mezzanine equity

4,583,801

125,546,105

Stockholders’ equity (deficit):

   Common stock and additional paid-in capital

593,198,810

24,737,806

   Treasury stock

—

(1,599,978)

   Accumulated deficit

(261,271,259)

(165,502,838)

   Accumulated other comprehensive income

1,065,739

1,094,382

Total stockholders’ equity (deficit)

332,993,290

(141,270,628)

TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’
EQUITY (DEFICIT)

468,013,493

169,775,125

 

 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(9)

Nine Months Ended September 30,

2026

2025

Cash flows from operating activities:

Net loss

$     (95,885,610)

$      (7,185,276)

Net loss from discontinued operations

—

5,702,653

Net loss from continuing operations

(95,885,610)

(1,482,623)

Adjustments to reconcile net loss to net cash used in operating activities:

84,150,442

8,771,710

   Changes in operating assets and liabilities, net

(19,260,311)

(17,893,682)

Cash used in operating activities from continuing operations

(30,995,479)

(10,604,595)

Cash used in operating activities from discontinued operations

—

(484,609)

Net cash flows used in operating activities

(30,995,479)

(11,089,204)

Cash flows from investing activities:

   Purchases of investments

(41,686,529)

(1,914,677)

   Proceeds from sales, maturities and redemptions of investments

8,795,770

1,123,347

   Acquisition of a business, net of cash acquired

—

(21,090,525)

   Digital assets held for investment and related activities, net

—

21,073,983

   Notes receivable, related parties, net

(2,050,000)

(492,582)

   Other investing activities, net

(2,618,993)

(5,250)

Net cash flows used in investing activities

(37,559,752)

(1,305,704)

Cash flows from financing activities:

Proceeds from Business Combination and PIPE Financing, net of redemptions and SPAC
service provider fees

342,184,348

—

   Payment of deferred offering costs

(25,233,767)

—

   Proceeds from option prepayment liability

20,000,000

—

   Proceeds from convertible promissory notes, net of issuance costs

—

9,992,222

   Note payable, related party, net

—

(2,474,384)

   Contributions from redeemable noncontrolling interest, net

4,700,990

—

   Proceeds from stock options exercised

931,265

89,771

Net cash flows provided by financing activities

342,582,836

7,607,609

Effect of exchange rate changes on cash

(28,643)

432,977

Net increase (decrease) in cash and cash equivalents

273,998,962

(4,354,322)

Cash and cash equivalents, beginning of period

24,871,555

21,963,458

Less: Cash and cash equivalents from discontinued operations, end of period

—

(230,099)

Cash and cash equivalents from continuing operations, end of period

$    298,870,517

$      17,379,037

NON-GAAP FINANCIAL MEASURES (Adjusted EBITDA)(9)

The following tables reconcile Adjusted EBITDA to Net income (loss) from continuing operations, its most directly comparable GAAP financial measure, for the three and nine months ended September 30, 2026 and 2025:

Reconciliation of GAAP to Non-GAAP Results

Three Months Ended September 30,

(Unaudited)

2026

2025

Net income (loss) from continuing operations

$         (66,263,756)

$                 8,597,683

Adjustments to exclude:

Depreciation and amortization

639,080

441,521

Provision for expected credit losses

341,259

108,877

Share-based compensation expense

13,408,358

265,203

Provision for income taxes

44,090

81,138

Interest income

(10,849)

(239,361)

Interest expense

—

2,029,981

Dividend income

(1,974,701)

(18,045)

Loss on digital assets held for investment, net

412,225

—

Net (losses) from investments held by consolidated VIE

746,827

—

Other income (expense), net

(399,568)

729,574

Change in fair value of simple agreements for future equity,
embedded derivatives, and option liability

—

(9,605,000)

Loss on settlement of convertible instruments, net

20,649,813

—

Change in fair value of earnout liabilities

23,223,354

—

Transaction, litigation and public company transition costs

7,201,058

1,222,410

Adjusted EBITDA

$          (1,982,808)

$                 3,613,981

Nine Months Ended September 30,

(Unaudited)

2026

2025

Net income (loss) from continuing operations

$         (95,885,610)

$                (1,482,623)

Adjustments to exclude:

Depreciation and amortization

1,744,512

1,355,854

Provision for expected credit losses

1,941,846

295,150

Share-based compensation expense

14,782,132

8,943,186

Provision for income taxes

126,289

243,413

Interest income

(424,353)

(754,654)

Interest expense

3,374,490

4,870,039

Dividend income

(2,215,734)

(103,192)

Loss on digital assets held for investment, net

1,845,307

—

Net (losses) from investments held by consolidated VIE

746,827

—

Other income (expense), net

(2,135,365)

297,897

Change in fair value of simple agreements for future equity,
embedded derivatives, and option liability

15,012,000

(5,625,000)

Loss on settlement of convertible instruments, net

20,649,813

—

Change in fair value of earnout liabilities

23,223,354

—

Transaction, litigation and public company transition costs

10,604,185

1,512,409

Adjusted EBITDA

$          (6,610,307)

$                 9,552,480

(1) See Disclosures section below

(2) Tokenized Assets on Platform refers to all assets tokenized by Securitize across both funds and equities. This metric was formerly referred to as AUM or Tokenized Assets Under Management. There were no changes to any data or historical figures based on the change in name of the metric.

(3) Adjusted EBITDA is a non-GAAP financial measure. Securitize reports its financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). However, management believes that the evaluation of its ongoing operating results may be enhanced by a presentation of Adjusted EBITDA. Adjusted EBITDA represents Net income (loss) from continuing operations adjusted for the items detailed in the reconciliation tables included in this release. Securitize believes that the use of Adjusted EBITDA provides an additional meaningful method of evaluating certain aspects of its operating performance from period to period on a basis that may not be otherwise apparent under GAAP when used in addition to, and not in lieu of, GAAP measures. Adjusted EBITDA has limitations as an analytical tool and should not be considered in isolation from, or as a substitute for, Net income (loss) or other measures of financial performance prepared in accordance with GAAP. Other companies, including companies in Securitize’s industry, may calculate Adjusted EBITDA differently or may use other measures to evaluate their performance, which reduces the usefulness of Adjusted EBITDA as a comparative measure. In addition, Adjusted EBITDA excludes changes in the fair value of simple agreements for future equity, derivative liabilities, and option liabilities, loss on settlement of convertible instruments, net, and change in fair value of earnout liabilities, which have been significant to Securitize’s results of operations in the periods presented.

(4) Aggregate Transaction Volume represents aggregate volume of investments, redemptions, dividends, and cross-chain movements of assets issued by Securitize’s platform. In conjunction with reporting its third-quarter 2026 earnings results, Securitize revised certain historical quarterly figures for Aggregate Transaction Volume. While most revisions were not material in size, the Aggregate Transaction Volume for the second quarter of 2026 was revised to $4.4 billion from a previously reported $5.3 billion. These revisions did not impact historical financial results. 

(5) Active funds serviced by SFS includes all entities for which SFS provides services, including engagements that do not involve NAV reporting. Historical figures are subject to periodic revisions based on a variety of factors.

(6) AUA refers to Assets Under Administration. AUA reflects the most recent official NAV calculated by SFS for each fund. Funds for which SFS has not yet calculated an official NAV are not included. Historical figures are subject to periodic revisions based on a variety of factors.

(7) See Disclosures section below

(8) See Disclosures section below

(9) Certain amounts (including totals) may not foot or crossfoot due to rounding. Certain percentages may not recalculate due to rounding.

About Securitize

Securitize (NYSE: SECZ), the leading platform for tokenized assets with approximately $5 billion in Tokenized Assets on Platform as of September 30, 2026, is bringing the world onchain through tokenized assets, working with top-tier asset managers such as Apollo, BlackRock, BNY, Hamilton Lane, KKR, VanEck, ARK Invest, Neuberger and others. It is the only company operating regulated digital-securities infrastructure in both the U.S. and the EU, and has been named to the Forbes 2026 Fintech 50 and CNBC World’s Top Fintech Companies 2026 lists.

For more information, please visit:
Website | X/Twitter | LinkedIn

DISCLOSURES

Securitize Stocks and Regulatory Structure Securitize Stocks are security entitlements under Article 8 of the Uniform Commercial Code backed 1:1 by corresponding underlying shares held through Securitize Markets’ brokerage infrastructure. References to having the “same rights” as the underlying stock mean that applicable economic benefits and voting entitlements associated with the underlying shares are passed through to holders, including dividends and, where applicable, voting instructions. Securitize Stock holders are not registered shareholders of the underlying issuer unless and until a supported conversion into registered shares is completed. The nature and availability of particular benefits and entitlements depend on the underlying share class, applicable arrangements and legal and operational requirements.

The issuers of the underlying securities have not sponsored or endorsed Securitize Stocks. Securitize Stocks are offered and traded through Securitize Markets’ existing broker-dealer infrastructure and do not rely on the Innovation Exemption.

Securities offerings and other activities conducted by Securitize or its affiliates may rely on other exemptions from registration or other relief available under applicable securities laws. Securitize Stocks are available only to eligible investors in permitted jurisdictions and remain subject to onboarding, identity verification, applicable securities laws, product availability and other conditions. Securitize Stocks are offered and traded through Securitize Markets, LLC, an SEC-registered broker-dealer and member of FINRA and SIPC. Securitize Markets also operates Securitize Markets ATS, an alternative trading system. Securitize Transfer Agent, LLC and Securitize Capital LLC are separately registered affiliated entities. Registration with the SEC does not constitute approval or endorsement by the SEC of Securitize, its affiliates, Securitize Stocks or any other product or service. Conversion of a Securitize Stock security entitlement into an issuer-sponsored tokenized share is not available for every issuer or security and requires issuer authorization, transfer-agent support, holder eligibility, operational readiness and satisfaction of applicable legal and regulatory requirements.

Non-GAAP Financial Measures

This press release includes Adjusted EBITDA, which are financial measures not calculated in accordance with generally accepted accounting principles in the United States (“GAAP”). Adjusted EBITDA represents net income or loss from continuing operations adjusted for certain non-cash items, non-recurring charges and other items identified in the accompanying reconciliation.

Management uses Adjusted EBITDA to evaluate certain aspects of the Company’s operating performance from period to period. These measures should be considered in addition to, and not as substitutes for or superior to, net income or loss or other financial measures prepared in accordance with GAAP. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures. A quantitative reconciliation of Adjusted EBITDA to net income or loss, the most directly comparable GAAP measure, is included in the financial tables accompanying this release.

Share Repurchase Program

The share repurchase program does not obligate the Company to acquire any particular number or dollar amount of shares. Repurchases may be made from time to time through open-market purchases, privately negotiated transactions or other transactions, including pursuant to trading plans intended to satisfy the conditions of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The timing, manner and amount of any repurchases will depend on market conditions, the Company’s share price, liquidity requirements, applicable legal requirements and other considerations. The program may be modified, suspended or terminated at any time.

Regulated Services

Securitize Corp. is a technology provider and is not a registered broker-dealer, investment adviser or transfer agent. Regulated services are provided through separately registered subsidiaries and affiliates, including Securitize Markets, LLC, an SEC-registered broker-dealer and FINRA/SIPC member; Securitize Transfer Agent, LLC, an SEC-registered transfer agent; Securitize Capital LLC, an SEC-registered investment adviser; and Securitize Europe Brokerage and Markets, S.V., S.A., an investment firm authorized and supervised by the Spanish National Securities Market Commission. Securitize Markets also operates Securitize Markets ATS. Registration does not imply a particular level of skill or training or approval or endorsement by any regulator.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. All statements other than statements of historical fact, including statements regarding Securitize Corp.’s (“Securitize” or the “Company”) future results of operations and financial position, business strategy, plans and objectives of management, the proposed acquisition of River One, the anticipated benefits, capabilities and revenue opportunities associated with the acquisition, the expected timing and completion of the transaction, and the Company’s share repurchase program, are forward-looking statements.

Forward-looking statements generally are identified by words such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “likely” and similar expressions. These statements are based on management’s current expectations and assumptions and are subject to risks, uncertainties and other important factors that could cause actual results to differ materially from those projected, forecasted or expected.

These risks and uncertainties include, among others, the possibility that the River One acquisition will not be completed on the anticipated terms or timeline, or at all; the failure to satisfy applicable closing conditions; difficulties integrating River One’s business, technology or personnel; the possibility that the anticipated capabilities, market opportunities, revenues or other benefits of the acquisition will not be realized; the availability and deployment of capital under the share repurchase program; changes in market, regulatory or economic conditions; regulatory developments relating to digital assets and tokenization; market volatility; competition; and the other risks described in the Company’s filings with the Securities and Exchange Commission.

Readers should carefully review the Company’s financial statements and the notes thereto, the section entitled “Risk Factors” in the Company’s registration statement on Form S-1 filed with the SEC on July 30, 2026, and the other documents the Company files from time to time with the SEC. The Company cautions investors not to place undue reliance on any forward-looking statements. The Company assumes no obligation to revise or update these statements to reflect future events or circumstances, except as required by law.

Securitize Contacts:

Press:
Tom Murphy
press@securitize.io 

Investor Relations:
Sam Ross
investor.relations@securitize.io 

Source: Securitize (NYSE: SECZ) XNYS:SECZ

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SOURCE Securitize

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Rachana Shukla, MD, and Vaishalee Shukla, MD Introduce Hybrid Choice™ Concierge Program Through Concierge Choice Physicians

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November 10, 2026

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Helping patients enjoy a more personalized, connected healthcare experience with enhanced physician connectivity and availability

ROCKVILLE CENTRE, N.Y., Nov. 10, 2026 /PRNewswire/ — Rachana Shukla, MD and Vaishalee Shukla, MD, experienced internal medicine physicians serving the Westchester community, are now offering the Hybrid Choice concierge program through Concierge Choice Physicians (CCP). The program is designed to provide patients with enhanced connectivity, more personalized attention, and greater physician availability, helping foster stronger relationships and a more responsive healthcare experience.

Recognizing that many patients value additional time, communication, and support from their physician, the doctors have introduced the CCP Hybrid Choice concierge program as an option for those seeking a more personalized healthcare experience. The program complements their existing practice, allowing all patients to continue receiving care while offering members enhanced physician connectivity, greater availability, and additional conveniences

“For us, the foundation of good medicine has always been the relationship we build with our patients. This program allows us to spend more time with patients, communicate more directly, and provide the type of personalized attention that helps people feel supported, informed, and confident in their healthcare decisions,” said Dr. Rachana Shukla.

Membership benefits include easy-to-secure, extended appointments, direct physician connectivity, enhanced care coordination and medical advocacy, preventive health planning, and a more personalized approach to care. Members also benefit from greater physician availability, continuity of care, and a dedicated support team focused on responsiveness and service.

“We are excited to launch this new program and look forward to welcoming our members,” said Dr. Vaishalee Shukla. “This is an exciting time for our practice, and we can’t wait to begin this new, truly personalized style of medicine.”

The physicians practice at Shukla MD, located at 150 Lockwood Avenue, Suite 30, New Rochelle, NY 10801. The Hybrid Choice program is available for an annual membership fee. For more information or to enroll, contact Concierge Choice Physicians at 877.888.5590.

About Rachana Shukla, MD
Rachana Shukla, MD is an internal medicine physician with over a decade of experience caring for adults in the Westchester community. She started her private practice, Shukla Medical Services PLLC, in 2015 and has been practicing since. She earned her medical degree from Dr. D. Y. Patil Medical College in Navi Mumbai, India, and completed her residency training in Internal Medicine at Sound Shore Medical Center of Westchester, affiliated with New York Medical College. Dr. Shukla combines extensive clinical experience with a strong commitment to preventive care, chronic disease management, and building lasting relationships that support her patients’ long-term health and wellness.

About Vaishalee Shukla, MD
Vaishalee Shukla, MD is a board-certified internal medicine physician who has served patients throughout Westchester County for more than two decades. She received her medical degree and completed her residency training in Internal Medicine at Sound Shore Medical Center of Westchester, affiliated with New York Medical College. Throughout her career, Dr. Shukla has provided care in hospital, outpatient, and community-based settings, bringing a thoughtful, patient-centered approach to preventive medicine, chronic disease management, and personalized primary care.

About Concierge Choice Physicians (CCP)
Dedicated to providing real options for patients and physicians, Concierge Choice Physicians™ is the largest private provider of the full range of concierge programs available today—Hybrid and FullFlex™. The company provides innovative, flexible and affordable models proven to work in medical practices of any size—from solo physicians to large medical practice corporations—both independent and affiliated with hospitals or health systems. Headquartered in Rockville Centre, NY, the company has worked with thousands of physicians in 35 states. For more information, please visit www.ccpmd.com.

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SOURCE Concierge Choice Physicians

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Ares Management Corporation to Present at the TD Cowen 2026 Financials & Fintech Conference

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November 10, 2026

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NEW YORK, Nov. 10, 2026 /PRNewswire/ — Ares Management Corporation announced today that its Chief Financial Officer, Jarrod Phillips, is scheduled to present at the TD Cowen 2026 Financials & Fintech Conference on Wednesday, November 18, 2026, at 3:10pm ET.

A live audio webcast of the presentation will be available on the Investor Resources section of the Company’s website at www.ares.com. For those unable to listen to the live audio webcast, a replay will be available on the Company’s website shortly after the event.

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders’ long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of September 30, 2026, Ares Management Corporation’s global platform had approximately $691 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.ares.com.

Investor Relations:
irares@ares.com 

Media:
media@ares.com 

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SOURCE Ares Management Corporation

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TELUS Mental Health Index: Burnout, presenteeism, and youth mental health crisis are negatively impacting Philippine business productivity

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November 10, 2026

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A new nationwide survey reveals 82 percent work unwell at least once a week, nearly half experience burnout, and 77 percent fear career repercussions if they disclose mental health concerns.

Quick Facts:

More than half (55 percent) of workers report that their mental health is negatively affecting work productivityNearly half (48 percent) of Filipino workers routinely end their workday mentally or physically exhausted, with younger workers (under 40) twice as likely as older peers to report constant stressWorkers feeling mentally and/or physically exhausted lose 49.5 productivity days per year, directly affecting workplace productivityEighty-two percent of employees report working while mentally or physically unwell at least once a weekMore than half (54 percent) of workers lack emergency savings to cover basic needsAlmost eight in 10 workers (77 percent) fear career damage if they disclose mental health issues, driving a culture of hidden strain and unaddressed risk

MANILA, Philippines, Nov. 11, 2026 /PRNewswire/ — Today, TELUS Health – a global digital health and workforce wellbeing company – released its first Philippines-focused TELUS Mental Health Index (“the Index”). The report reveals that burnout, exhaustion, and presenteeism have escalated into productivity risks across the Philippines, as stigma makes workforce mental health and wellbeing a critical business imperative for organizations.

The Index is based on an independent, nationally representative survey of 2,000 employed adults across diverse sectors, regions, and demographics of the general Philippine workforce. The research evaluates workforce wellbeing on a 0–100 scale, where higher scores reflect better mental health and lower risk. Scores are categorized across optimal (80–100), strained (50–79), and distressed (0–49) ranges. Overall, the Philippine national benchmark score sits at 61.6, indicating widespread strain among workers in the country.

According to the Index, unaddressed employee strain directly impairs national economic performance, with 55 percent of workers reporting that mental health challenges actively undermine their daily productivity.

Compounded by financial stress where half of the workforce (50 percent) report personal finances as the primary source of personal stress, more than half (54 percent) lack emergency savings to cover basic needs and employees are increasingly turning up to work while unwell. Eighty-two percent report experiencing “presenteeism”, also known as working while functioning below their capacity as a result of being unwell, at least one day per week. Workers reporting feeling mentally or physically exhausted at the end of their workday costs organizations up to 49.5 days in lost productivity.

Workplace stigma is a key barrier to address wellbeing in the workplace, as 77 percent of employees fear disclosing mental health challenges due to potential career repercussions, forcing Filipino workers to suffer in silence while organizations absorb the hidden costs of reduced performance and employee turnover.

“Presenteeism is a costly hidden expense for Philippine businesses today, as 82 percent of employees report working while unwell at least once a week and the impact on operational output should not be ignored,” said Paula Allen, Global Leader of Research and Insights, TELUS Health. “Stigma is a factor in this and it’s damaging in two ways. Firstly, stigma makes people feel the need to hide, which drains their energy. Secondly, it prevents people from seeking necessary help, including confidential health support. This crisis is hitting the younger workforce hardest, with workers under 40 being twice as likely to feel under constant stress and 70 percent more likely to end their day completely exhausted. When young employees push through physical and mental strain without proper support, companies burn out the future leaders driving their organizations.”

This report reveals distinct vulnerabilities across age groups, financial obligations, and regional populations:

Younger workers feel the pressure: Workers under 40 are twice as likely as those over 50 to feel under constant stress and twice as likely to cite mental health as their primary personal stressor. Workers under 40 are twice as likely as workers over 50 to report a lack of work-life balance as a source of work stress and 70 percent more likely than those over 50 to end their workday feeling mentally or physically exhausted.Financial stress is driving mental health strain: Everyday financial obligations have created a persistent state of strain across the workforce, with 41 percent of workers reporting they feel under constant stress. Workers without emergency savings continue to experience a lower mental health score (55.5) than the overall group (61.6). This financial pressure takes a toll on productivity and wellbeing, as workers stressed about money lose 44.6 working days annually.Climate impact on mental health: Environmental factors heavily affect regional gaps as 24 percent of workers report losing income due to climate disaster-related work stoppages, and 14 percent report difficulty working remotely due to power outages or connectivity failures during natural disasters.

The cultural stigma remains as managers are unequipped to support workforce wellbeing

The cultural stigma around disclosing mental health is a major barrier to receiving support. Seventy-seven percent of workers report they would be concerned about their career options if their workplace was aware of a mental health issue. Deep-seated self-stigma is also on the rise, with 63 percent of workers admitting they would feel negatively about themselves if they experienced a mental health issue.

“Workplace culture and cultural stigma are barriers to workforce wellbeing in the Philippines,” said Jamie MacLennan, Region Head, Asia-Pacific, TELUS Health. “More than three-quarters of employees fear their career progression will be impacted by disclosing mental health challenges and this silent suffering is costing companies in lost productivity. People leaders don’t feel equipped to handle wellbeing conversations, so businesses have a responsibility to support managers with proper training to address workplace stigma and ensure accessible, judgment-free support systems for every employee.”

More than half of Filipino workers (52 percent) report that cost is the top barrier to seeking professional mental health support. The second biggest barrier is a lack of guidance on what type of care is best (32 percent), followed by where to find care (29 percent). Closing communication gaps, training leadership with structured facilitated training, and delivering accessible mental health and wellbeing programs are essential steps for employers aiming to reduce organizational risk and support sustainable performance.

This TELUS Mental Health Index includes insights related to anxiety and isolation, highlighting the critical importance of human connection and community support. Checking in with others and giving back to our communities can significantly boost mental wellbeing. As a company rooted in social purpose, TELUS Health is committed to improving health outcomes and fostering community connections. Read the full Philippines TELUS Mental Health Index here.

About the TELUS Mental Health Index research methodology

Data for this report was collected through an online survey of 2,000 people living in the Philippines who are currently employed or were employed within the last six months. This is not an internal survey of TELUS or TELUS Digital team members. Participants are selected to represent the age, gender, industry, and geographic distribution in the Philippines, with survey responses gathered between July 24 and August 5, 2026.

The TELUS Mental Health Index is based on a response scoring system that turns individual responses into point values. Higher point values are associated with better mental health and less mental health risk. Benchmark scores out of 100 represent optimal (80–100), strained (50–79), and distressed (0–49) mental health categories.

Frequently Asked Questions

What is the primary source of stress for workers in the Philippines?

Fifty percent of workers cite personal finances as their primary source of personal stress. This financial pressure directly impacts workforce performance, causing stressed employees to lose an average of 44.6 working days per year in productivity. An additional 10 percent cite broader economic conditions such as the cost of living as their leading stressor.

How many Philippine employees lack emergency savings for basic needs?

More than half (54 percent) of workers lack emergency savings to cover basic needs. Workers without emergency savings continue to experience a lower mental health score (55.5) than the overall group (61.6).

What percentage of Philippine workers suffer from workplace burnout and fatigue?

Forty-eight percent of workers often end their workday feeling mentally and/or physically exhausted. Exhausted employees lose 49.5 productivity days per year—nearly 20 full working days more than non-exhausted peers. Workers under 40 are 70 percent more likely than those over 50 to experience end-of-day exhaustion.

Does mental health stigma affect career advancement in the Philippines workforce?

Seventy-seven percent of workers would be concerned that their career options would be limited if they had a mental health issue that their workplace was aware of. This fear of professional fallout is accompanied by high self-stigma, as 63 percent report they would feel negatively about themselves if they experienced mental health challenges.

What is presenteeism and how much does it cost Philippine employers?

Presenteeism is the practice of working while feeling mentally or physically unwell, reported by 82 percent of Filipino employees at least one day per week. Workers who never work while unwell lose only 17.3 days of productivity per year, whereas employees working while unwell 4 to 5 days a week lose between 64 and 71 working days annually per person. The loss in working days translates to a significant financial loss for businesses, highlighting the commercial imperative to address mental health issues.

What can support Philippine workers to get mental health support?

Employee Assistance Programs provide confidential, professional mental health support at no cost to the worker. The support given is personalized to the individual’s needs. It is also available every hour of every day, which enables immediate intervention for crisis situations. When well communicated in a workplace, the value is significant. Cost is the primary barrier for 52 percent of workers, while 42 percent report that their manager has never communicated the availability of employer health and wellbeing programs. Additionally, 32 percent do not know what type of care is best for them, and 29 percent refrain from seeking support due to fear of social judgment.

How do natural disasters and typhoons impact workplace productivity in the Philippines?

Nearly eight in 10 workers report a direct impact on their work performance due to recent natural disasters. Specifically, 24 percent lost income due to work stoppages, 16 percent were unable to commute, and 14 percent experienced remote work disruptions from power and internet outages. Workers experiencing disaster-related emotional distress lose an average of 54.8 working days per year. The critical incident support offered through and EAP addresses the major upheaval that these situations create, and supports workers with the skills and confidence to manage through difficulty. 

How does TELUS Health support the wellbeing of its own workforce?

Team member wellbeing is foundational to our culture, and we lead by example through comprehensive physical, psychological, and financial support systems. Our team members and their eligible family members have access to confidential counseling and mental health services through our Employee Assistance Program (EAP), alongside digital health platforms and mental health support. TELUS actively invests in specialized leadership training to ensure managers are equipped to recognize burnout, champion psychological safety, and ensure team members can access support without fear of career repercussions.

About TELUS Health
TELUS Health is a global technology leader advancing health data infrastructure and workforce wellbeing. Across healthcare systems, we build interoperable digital technology uniting electronic medical records, pharmacy management platforms, and virtual care so vital health information flows securely across the entire ecosystem. For organizations, we deliver comprehensive, life-stage support that integrates physical, mental, and financial wellbeing. By connecting care systems and empowering workforces, TELUS Health drives better health outcomes for individuals, organizations, governments and healthcare providers worldwide. For more information, visit telushealth.com. 

Media Contact:
Kaya Arai
TELUS Health Public Relations
kaya.arai@telus.com 

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SOURCE TELUS Health; TELUS Communications Inc.

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