genius.fun launched 12 hours ago, GSTOCK emerged as a dark horse, rapidly reaching a market cap of $10 million.

BlockBeats news, September 18: Last night, Genius Terminal, an on-chain trading terminal invested by YZi Labs and advised by CZ, announced the official launch of its token issuance platform genius.fun on BNB Chain, supporting creators in transferring tokenized stocks such as bSTOCKS into a foundation without an owner and unpacking them, thereby attempting to exercise equity-related rights off-chain.

According to GMGN market data, among the tokens launched by genius.fun, GSTOCK emerged suddenly, rapidly reaching a market cap of $10 million in the early morning after launch, now reported at $11.72 million, with trading volume exceeding $15.4 million. The GSTOCK token is paired with BNCB, the on-chain token of BNB treasury company BNC, as its base pool.

BlockBeats reminds users that the prices of related tokens are highly volatile, and users should invest with caution.