GSTOCK continues to surge; market cap briefly breaks $18 million
On September 18, according to GMGN market data, the token GSTOCK launched by BSC ecosystem genius.fun has been steadily rising. This morning, it surpassed $18 million in market capitalization and is currently reported at $17.64 million, with trading volume exceeding $16.7 million. GSTOCK is paired as a liquidity pool against the on-chain token BNCB, which is the BNB Treasury company's BNC. Last night, the on-chain trading terminal Genius Terminal, backed by YZi Labs with CZ serving as an advisor, announced that it has officially launched its token issuance platform genius.fun on BNB Chain. The platform supports creators in transferring tokenized stocks such as bSTOCKS into a foundation with no designated owner and then unpacking them, thereby attempting to exercise equity-related rights off-chain. Reminder: token prices may fluctuate significantly; users should exercise caution when investing.