Gemini Space Station Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 19414.9× the size of Gemini Space Station Tokenized Stock (Reality) (RGEMI) by market capitalisation. Their daily returns move loosely together (correlation 0.53 across 25 shared trading days). RGEMI has been the more volatile of the two, at 158% annualised against CRCLB's 82%.

Correlation: 0.53
Size ratio: 1 : 19414.9

Gemini Space Station Tokenized Stock (Reality)RGEMI

$2.7100

24h: +1.52%
Market cap: $8,284
Volume 24h: $22
Volatility (ann.): 158%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.8300

24h: +1.89%
Market cap: $160.82M
Volume 24h: $43.73M
Volatility (ann.): 82%

RGEMI 0.0%Share of the two combined market caps100.0% CRCLB

Performance

RGEMICRCLB

7 days-18.28%-5.56%CRCLB
30 days-10.78%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.53over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5390d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	RGEMI	CRCLB
Max drawdown (400d)	-35.4%	-31.5%
Risk-adjusted return (90d)	-0.07	0.23

Relative strength over 90 days: CRCLB outperformed RGEMI by 11.6% — measured on the RGEMI/CRCLB ratio, so it holds regardless of market direction.

Gemini Space Station Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →