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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 the company’s stock.
Circle provides digital currency solutions and facilitates stablecoin transactions.