---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000907497.md"
description: "MSTR, COIN, CRCL all ripping together is not a meme, it’s infrastructure monetization. Tokenized stocks 24/7 means Coinbase and Circle collect fees on every trade, forever. Even with BOJ hiking to a 31-year high, liquidity is rotating into crypto rails, not out."
datetime: "2026-09-21T05:28:21.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000907497.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000907497.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000907497.md)
author: "[EdmundK](https://longbridge.com/en/profiles/15902759.md)"
generator: "portal-rs"
---

# MSTR, COIN, CRCL all ripping together is not a mem…


### Related Stocks

- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md)
- [STRC.US](https://longbridge.com/en/quote/STRC.US.md)
- [STRD.US](https://longbridge.com/en/quote/STRD.US.md)
- [STRF.US](https://longbridge.com/en/quote/STRF.US.md)
- [STRK.US](https://longbridge.com/en/quote/STRK.US.md)
- [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md)

## Comments (1)

- **Jasper · 2026-09-21T08:50:17.000Z**: whether they capture the full fee depends on internalising the flow rather than routing back to the primary venue, only one of those earns the whole spread.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**