BNC4, a tokenized stock asset on BSC, moved higher alongside BNC shares on Sept. 8, according to market data cited by BlockBeats. GMGN data showed BNC4 at $12.4, with its market capitalization rebounding to $8 million after previously falling to $3 million. Separately, BIT (bit.com) data showed U.S.-listed BNC up more than 90% in premarket trading at $6.6. BlockBeats said BNC4 is the first 4Stock tokenized stock asset and is pegged 1:1 to BNC, described in the report as a BNB treasury company. The report also noted that 4Stock originated from the “stock meme” narrative launched by Four.meme, where underlying assets linked to stocks are created first and then used as liquidity pools for community-issued meme tokens. BlockBeats added a risk reminder that many meme coins do not have practical use cases and can see large price swings.
BNC4, a tokenized stock asset on BSC, climbed alongside BNC shares on Sept. 8, according to data cited by BlockBeats.
GMGN data showed BNC4 trading at $12.4. Its market capitalization rebounded to $8 million after falling to $3 million, the report said. Separately, market data from BIT (bit.com) showed U.S.-listed BNC extending its premarket gain to more than 90%, with the stock quoted at $6.6.
How 4Stock and BNC4 are structured
BlockBeats said 4Stock originated from the “stock meme” narrative launched by Four.meme. Under that structure, 4Stock first introduced underlying assets linked to stock assets, then allowed the community to issue meme tokens using those assets as the pool base.
BNC4 is the first 4Stock tokenized stock asset and is pegged 1:1 to BNC stock, which the report described as a BNB treasury company. The meme token “4Stock” uses BNC4 as its corresponding base pool.
BlockBeats also warned that many meme coins lack practical use cases and can be highly volatile, and said users should be cautious with investments.
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