Securitize to Acquire River Credit Labs to Expand Asset-Backed Lending
Key Highlights: Securitize has reached an agreement to acquire River Credit Labs (River One) to enter and expand within asset-backed lending. River One provides software that connects institutional stablecoin liquidity to traditional credit mechanisms, including warehouse financing facilities. The deal was revealed alongside Securitize’s third-quarter earnings on November 9, with a scheduled closing timeline set ...