Genius.fun Launches 13,000 Tokens in 24 Hours, Distributing $529,400

Genius.fun launched on the BNB Chain on the evening of September 17, allowing creators to transfer tokenized stocks like bSTOCKS into a trust fund and unwrap them, attempting to exercise related equity rights off-chain. The platform's buyback amount was $303,100. Among the issued tokens, GSTOCK has the highest market capitalization, currently reported at $6.9 million, having reached $10 million shortly after launch. GSTOCK is paired with the on-chain token BNCB of the BNB Treasury Company as the liquidity pool.

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