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Jeremy Allaire, co-founder, chief executive officer, and chairman at Circle, states that over 1 percent of CRCL is held as tokenized stock amounting to more than $280 million, surpassing any other publicly traded company globally.
Allaire also raises the question of when the flippening might occur, hinting at shifting dynamics in tokenized asset adoption.
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Allaire has previously described cirBTC as a milestone for market neutral programmable use of BTC. He has also highlighted economists at Jackson Hole examining the impact of tokenized money on the international monetary system. These comments place his latest views on tokenized stock within a broader discussion on digital asset integration.