More than 1% of Circle (CRCL) shares are being held in tokenized form, with a total value exceeding $280 million, Circle CEO Jeremy Allaire said on X. Allaire described the holdings as the largest amount of tokenized shares among publicly listed companies worldwide and asked when tokenized ownership would surpass conventional share ownership. His comments came after the CEOs of AMC and Robinhood publicly clashed over the form, legitimacy and legality of tokenized stocks, with the post potentially indicating support for broader stock tokenization.