SPCX has surpassed CRCL in the market capitalization of tokenized stocks it tracks.

Crypto Briefing reported this as a shift in the tokenized stock rankings, but beyond noting that one overtook the other, it gave no specific market caps, difference, or measurement methodology.

· The only thing we can confirm is that their relative rankings within the tracked set have changed—not that their absolute size has changed.
· The report also mentioned regulatory scrutiny, but did not explain how it relates to this shift.

Do you tend to pay more attention to tokenized stocks’ market cap rankings or to the actual amount of assets they represent?