Circle CEO openly supports stock tokenization: Over 1% of CRCL shares held in tokenized form, surpassing $280 million in scale, ranking first among global public companies

Odaily News: Circle CEO Jeremy Allaire posted on platform X: "Over 1% of CRCL shares are held in the form of tokenized stocks, corresponding to a scale exceeding $280 million, the highest among all publicly listed companies worldwide. In which year will the 'flip' (Odaily note: implying when tokenized stock proportion will surpass traditional securities) arrive?"

Previously reported, the CEOs of AMC and Robinhood were engaged in a war of words over the form, legitimacy, and legality of stock tokenization. Circle CEO's statement may indirectly signal his stance in support of stock tokenization reform.