ME News reports that on September 4 (UTC+8), Circle CEO Jeremy Allaire posted on X: “More than 1% of CRCL’s shares are held in tokenized form, exceeding $2.8 billion in value—the highest among all publicly traded companies worldwide. In what year will the ‘flip’ (Odaily Star Daily note: referring to tokenized shares surpassing traditional stock ownership) occur?” Previously, the CEOs of AMC and Robinhood exchanged public remarks regarding the validity and legality of tokenized stocks; Circle CEO’s post may implicitly signal support for the tokenization of equities. (Source: ODAILY)
Circle CEO Announces Over 1% of CRCL Shares Tokenized, Valued at $280M
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Summary
Circle CEO Jeremy Allaire posted on X that over 1% of CRCL shares are now tokenized, valued at more than $280 million, making it the largest tokenized equity stake among public companies. The development appears in on-chain news as crypto news continues to evolve.
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