Tokenized Circle stock leads market with $385.7M cap after 2,961% growth
- —Tokenized CRCL market cap reached $385.7 million, up 2,961% year over year
- —bStocks, xStocks and Ondo control roughly 94% of CRCL token supply
- —BNB Chain holds about 62% of value, with Solana the other primary home
- —$7.7 million of CRCLx was deployed in DeFi protocols as of October 20
Why it matters: The tokenized equity market is growing, but heavy concentration among three issuers and one network raises custody and structural risks for holders.
Source: Crypto Briefing