BNC4 mint deposit address reportedly received over $8.9 million

According to Odaily, data shows that the 4Stock mint deposit address for Four.meme (0x2929a9b06b8d625aed46237cf6d1d318f9e3bb7b) has reportedly received approximately 8,965,865.097 USDC, valued at $8.9 million. Since 4Stock only issues BNC4, a stock token pegged 1:1 to the US stock BNC, all $8.9 million in funds have flowed into the minting of BNC4.

Meanwhile, according to 4Stock's operational mechanism, Four.Meme will use the funds submitted by users to purchase the corresponding underlying stocks in the stock market. This means Four.Meme will allocate all these funds to buying NBC shares. (Odaily Note: Data was compiled by AI and may contain errors.)

For more details on 4Stock and BNC, please read "BNC soars over 50% in pre-market trading after hitting A7 with a single token in 3 hours—BSC's stock-meme flywheel restarts"