Circle-related tokenized stocks add $47.6 million in market value over one week

Circle-related tokenized stocks add $47.6 million in market value over one week

N
News Editor
2026-08-22 14:51:24
Tokenized stock products tied to Circle Internet Group added a combined $47.6 million in market value over the past week, according to a Techub News brief citing Crypto Briefing. The gains were spread across three products issued on different platforms. CRCLon, issued by Ondo Finance, accounted for $17.1 million of the increase. CRCLb on Binance’s bStocks platform added $16.2 million, while CRCLx on Backed’s xStocks platform grew by $14.3 million. Circle, the issuer of the USDC stablecoin, went public on the New York Stock Exchange in June 2025. The report said tokenized shares are backed 1:1 by real shares, giving investors access to fractional trading and DeFi integrations. Data also showed that about $2.9 million worth of CRCLx tokens is currently being used in DeFi protocols including Raydium and Kamino, either as collateral or to provide liquidity.

Circle Internet Group’s tokenized stock products added a combined $47.6 million in market value over the past week, according to Techub News, which cited Crypto Briefing.

By product, Ondo Finance-issued CRCLon contributed $17.1 million. CRCLb on Binance’s bStocks platform added $16.2 million, and CRCLx on Backed’s xStocks platform grew by $14.3 million.

Circle is the issuer of the USDC stablecoin and completed its IPO on the New York Stock Exchange in June 2025. The report said tokenized shares are backed 1:1 by real shares, allowing fractional trading and access to DeFi protocols.

Data also showed that roughly $2.9 million worth of CRCLx tokens is currently being used in DeFi protocols including Raydium and Kamino, either as collateral or for liquidity provision.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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