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Securitize shares surge 22% on Tuesday following River One acquisition announcement

The Motley Fool +1 · ·by G4L

SECZ
SECZ Securitize Corp
$9.06 +6.21%
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  1. 1Securitize shares surged 22% on Tuesday.
  2. 2Securitize signed an agreement to acquire River One to enter the $6 trillion asset-backed finance market.
  3. 3Securitize's third-quarter revenue reached $18.6 million, representing a 13% year-over-year increase.

So what's the key point?

Securitize shares rose 22% as the company acquired River One. This acquisition is intended to help the company enter a large-scale financial market.

Source The Motley Fool +1 · View original ↗

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