Riot Platforms Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 6280.4× the size of Riot Platforms Tokenized Stock (Reality) (RRIOT) by market capitalisation. Their daily returns move loosely together (correlation 0.53 across 25 shared trading days). Both have run at a similar volatility, around 79% annualised.

Correlation: 0.53
Size ratio: 1 : 6280.4

Riot Platforms Tokenized Stock (Reality)RRIOT

$15.6000

24h: +15.17%
Market cap: $23,025
Volume 24h: $38,447
Volatility (ann.): 75%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.5200

24h: -12.77%
Market cap: $144.61M
Volume 24h: $40.56M
Volatility (ann.): 82%

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

Performance

RRIOTCRCLB

7 days-14.39%-5.56%CRCLB
30 days-14.08%-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	RRIOT	CRCLB
Max drawdown (400d)	-32.5%	-31.5%
Risk-adjusted return (90d)	-0.19	0.23

Relative strength over 90 days: CRCLB outperformed RRIOT by 15.9% — measured on the RRIOT/CRCLB ratio, so it holds regardless of market direction.

Riot Platforms Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →