StoneX raises Securitize price target 50% on the back of new tokenized stock platform generating trading fees.
Tech & Launches ·
StoneX increased its price target for Securitize by 50%, citing the launch of a tokenized stock platform as a driver of incremental revenue. The analyst firm projects Securitize will reach $198.5 million in revenue by 2028, with the new stock offering generating trading fees that were not part of prior forecasts.
The tokenized stock platform expands Securitize's addressable market beyond its existing securities tokenization services. By enabling trading of digitized equities, the platform creates a fresh fee-generating channel, likely from transaction volumes on the new venue.
The raise in price target reflects StoneX's confidence in execution and market adoption of the stock platform, though the near-term revenue contribution and user traction remain to be demonstrated. Securitize's ability to scale trading volumes and capture sufficient fees to meet the 2028 projection will be key variables to monitor.