Tokenized Circle Shares Put at $388 Million, About 2% of Market Cap

The on-chain holdings consist of tokenized Circle shares. Circle’s on-chain share channel opened in June 2025. A Nov. 5 figure put on-chain holdings of tokenized Circle (CRCL) shares at $388 million, about 2% of the company’s market capitalization. The on-chain holdings consist of tokenized Circle shares. Circle’s on-chain share channel opened in June 2025, adding a tokenized route for demand for

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