Circle CEO openly supports stock tokenization: Over 1% of CRCL shares are held in tokenized form, totaling more than $280 million, ranking first among publicly listed companies worldwide.
According to Odaily, Circle CEO Jeremy Allaire posted on X: “Over 1% of CRCL shares are held in tokenized stock form, corresponding to a scale of more than $280 million, making it the highest proportion among all listed companies worldwide. In which year will the 'flip' happen?” (Odaily note: 'flip' refers to the moment when the proportion of tokenized shares surpasses traditional securities.)
Previously, the CEOs of AMC and Robinhood exchanged remarks regarding the form, legitimacy, and legality of stock tokenization. Circle CEO’s post may subtly signal his stance in support of tokenized stock transformation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Pump.fun effect? How platform activity fueled PUMP’s 10% bounce
Epsilon Energy CEO Jason Stabell acquires 23,104 common shares worth $136,021.66
Another $1.5 billions before IPO! Nvidia (NVDA.US) increases investment in SB Energy, reaching a total of $3 billions
Nvidia will further increase its investment in SB Energy Inc., a data center infrastructure provider backed by SoftBank Group, ahead of SB Energy’s planned US initial public offering (IPO). Nvidia plans to invest an additional $1.5 billion, bringing its total investment in SB Energy to $3 billion.
Crypto prices
More
