BNC4 premium widens past 47% as BSC-traded token tops underlying U.S. stock

Data from GMGN showed that BNC4, a stock-linked token on BNB Smart Chain, rose 13% over the past hour to $7.272. Separate data from GMX.COM put the underlying U.S.-listed BNC shares at $5.15, leaving BNC4 trading at a premium of more than 47% to the stock. The move pushed the gap wider between the on-chain token and its referenced equity. BNC4 is described as the first 4Stock token launched under Four.meme’s "stock Meme" narrative. According to the source material, the token is pegged 1:1 to BNC, identified as a BNB treasury company. The mechanism first introduces a 4Stock base asset linked to a stock, then allows the community to issue Meme tokens using that asset pool as the foundation. In BNC4’s case, the corresponding pool is 4Stock.