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.
from Gadgets 360 https://ift.tt/phUveix
No comments:
Post a Comment