Tokenized Circle stock holders hit 42,200 as xStocks’ CRCLx leads the pack

The company behind USDC is now one of the most popular stocks to hold on-chain. Tokenized versions of Circle Internet Group shares had 42,200 holders as of October 20, 2026. That figure has nearly doubled since late August. In a market where most stock investors still log in through a brokerage app, a meaningful number are now choosing a wallet instead. Who’s holding what The holder base is spread across several competing products, and one of them is clearly ahead. CRCLx, the version issued through the xStocks platform, leads with approximately 20,800 holders. A Robinhood-linked version comes in second with 12,700 holders. Ondo Finance’s CRCLon follows at about 4,800 holders. Binance has its own entry in the race, called CRCLb. The money behind them is growing as well. Total market capitalization for tokenized exposure to Circle’s stock reached an estimated $314–373 million in mid-to-late October 2026. For context, Circle trades on the New York Stock Exchange under the ticker CRCL. The tokenized versions are a parallel track running alongside that listing, not a replacement for it. How tokenized stock actually works Technically, these products are structured to be backed 1:1 by rea...