Tokenized CRCL now represents 2% of Circle’s market cap

Onchain investors hold $388 million in tokenized Circle stock, mostly through third-party issuers on BNB Chain and Solana Onchain investors now hold $388 million worth of tokenized Circle stock. That works out to 2% of Circle’s entire market capitalization. Circle Internet Group began trading on the NYSE under the ticker CRCL on June 5, 2025. Third-party platforms soon started wrapping those shares into blockchain tokens. According to the deep research findings, tokenized CRCL had a market cap of roughly $385.7 million as of October 25-26, 2026. It then reached a peak of about $406.85 million in early November.