Securitize’s tokenized stock value halves as Circle widens lead

SECZ’s onchain market cap fell to $208.6 million as Circle-linked tokens reached a combined $383.6 million across several issuers in the $3.3 billion tokenized equities market. The value of tokenized shares of Securitize (SECZ) have lost more than half their value in less than a month as the gap with market leader Circle (CRCL) widens. The market capitalization of SECZ tokens fell from a high of $430.4 million on Sept. 28 to $208.6 million by Sunday, according to Token Terminal . The NYSE-traded shares closed Friday down 2.1% at $7.80 apiece, with a market cap of $1.27 billion.