CRCL

Arithmos Tokenised Wall Street Index — Barbell (Infrastructure Core + Capped Tokenisation Pure-Plays)

The purest listed stablecoin-infrastructure play as USDC issuer, with positive ROE of 15.3% and 6.6% revenue growth. Capped at 4% after a -34.5% 1Y return; the only profitable pure-play in the satellite sleeve.