BlockBeats news, September 20: Binance founder CZ today replied to crypto KOL Jasmy, stating, "The idea of acquiring a public company through a Meme definitely did not come from me."
It is worth noting that this KOL's posts on X this week were entirely centered around GSTOCK, with a total of 9 shill calls.
According to GMGN market data, GSTOCK has just hit an all-time high, with its market cap now at $20.74 million, after briefly falling below $7 million this morning. The GSTOCK token is paired with BNCB, the on-chain token of BNB treasury company BNC, as its base pool. Genius Terminal, an on-chain trading terminal invested in by YZi Labs with CZ serving as an advisor, previously announced the official launch of its token issuance platform genius.fun on BNB Chain. The platform supports creators in transferring tokenized stocks such as bSTOCKS into an ownerless foundation and unpacking them, thereby attempting to exercise equity-related rights off-chain.
BlockBeats reminds users that related token prices are highly volatile, and users should invest with caution.

