Coin-stock BNC4 trades at approximately 8.9% premium over underlying stock BNC

Odaily News, according to GMGN data, BSC-based tokenized stock BNC4 is currently trading at $5.75, while its U.S. stock counterpart BNC is at $5.28, up 0.76% in after-hours trading. Based on current prices, BNC4 is trading at an approximately 8.9% premium over the underlying BNC stock.

CZ posted on X yesterday stating "IPOs will move on chain," and subsequently Four.meme launched the first stock token BNC4, which is pegged 1:1 to U.S. stock CEA Industries (BNC).

Meme coins generally lack real-world use cases and are subject to significant price volatility. Investors should exercise caution.