Genius. fun has created 13,001 tokens within 24 hours of launch, paying a total of $529,400 in fee sharing to creators.

BlockBeats news, September 19 - Genius Terminal, an on-chain trading terminal invested by YZi Labs with CZ serving as an advisor, has released the 24-hour launch data for its new token issuance platform Genius.fun: 13,001 tokens have been created, with a total of $529,400 in fee sharing paid to creators and $303,100 in buybacks.

On the evening of September 17, the token issuance platform Genius.fun officially launched on BNB Chain, supporting creators in transferring tokenized stocks such as bSTOCKS into an ownerless foundation and unwrapping them, thereby attempting to exercise equity-related rights off-chain.

According to GMGN market data, among the tokens issued by Genius.fun, GSTOCK currently has the highest market cap, now reported at $6.9 million, having briefly surpassed $10 million after launch. The GSTOCK token is paired with BNCB, the on-chain token of BNB treasury company BNC, as its base pool.

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