Circle Internet Group (Ondo Tokenized Stock)

CRCLON is a tokenized representation of Circle Internet Group stock, created by Ondo Finance, that gives holders economic exposure similar to owning shares of CRCL while automatically reinvesting any dividends. It is designed for non-US retail and institutional users who want access to a US-listed equity without going through a traditional brokerage. The product addresses the barrier that many people outside the United States face when trying to access US stock markets.

CRCLON exists across multiple blockchain ecosystems, including Ethereum, Solana, BNB Chain, and HyperEVM, allowing eligible users to mint or redeem the token twenty-four hours a day, five days a week during traditional market hours, with settlement connected to liquidity on conventional stock exchanges. The token tracks the economic value of the underlying Circle Internet Group shares, with Ondo acting as the intermediary that holds or references the actual equity. No consensus algorithm is specific to this token itself, as it is an asset token rather than a native blockchain protocol.

The data stored for CRCLON does not include a fee stream, revenue figures, or protocol earnings, so no fee-based analysis can be offered for this asset. The token's circulating supply stands at approximately 1,240,434 units at a price of 93.46 USD, producing a market capitalization of roughly 116,033,988 USD, and the fully diluted value equals the market cap exactly, reflecting that supply issued is recorded at 100 percent with no pending dilution. Any costs a user bears would relate to Ondo's own terms for minting and redemption rather than anything captured in this dataset.