Odaily News: Following Binance Wallet's announcement of the 4Stock Alpha user holding reward distribution arrangement, the market cap of BNB Chain-listed stock token 4Stock now stands at $13.3 million.Previously, Binance Alpha published the 4Stock holding-related reward distribution arrangement. Rewards for Binance Wallet holding users will be automatically distributed by Four Meme according to its distribution rules, in the form of BNC4, directly to users' Binance Wallet on-chain addresses.For Alpha 2.0 (CEX) holding users, since Four Meme rewards will be uniformly distributed to the Binance Alpha vault contract address, Binance Alpha will calculate user holdings through daily random snapshots and distribute rewards monthly to spot accounts. Users must hold more than 10,000 4Stock in a single day for it to count as a valid holding for that day. Monthly rewards are allocated proportionally based on the ratio of a user's valid holdings to the total valid holdings of all eligible users, and are distributed in the form of BNCB, with 1 BNCB treated as equivalent to 1 BNC4 in reward calculations.

Odaily News: Ondo has announced that Ondo Stocks now supports physical conversion between underlying stocks and tokenized stocks and ETFs, and has added a primary market issuance channel through Alpaca's Instant Tokenization Network (ITN). Eligible institutions can use existing stock assets to mint corresponding Ondo Stocks tokens, or redeem tokens to obtain the corresponding underlying stocks; the process is completed through internal book transfers, without the need for manual approval on a per-transaction basis. This feature is currently only available to institutions that have been reviewed and approved by Alpaca, hold valid accounts with both Ondo and Alpaca, and have completed the relevant account opening and approval processes. It is now live on Ethereum and BNB Chain.

Odaily reports that $U has become the settlement asset for the first Binance Wallet Pre-Access event, allowing users to subscribe to pPOLY using $U. The page shows that currently 1 USD is approximately equal to 1.000534 U.The first Pre-Access project pPOLY is issued by Paimon Finance and hosted by PancakeSwap, aiming to provide tokenized indirect exposure to potential pre-IPO companies in the prediction market sector. The subscription price of pPOLY is approximately $15.5, with a total issuance size of approximately $4.8 million, deployed on BNB Smart Chain.This subscription lasts approximately 72 hours, with claiming, refunds for unallocated amounts, and trading expected to begin on September 24. Allocation depends on Alpha points tiers and bStocks on-chain activity. This product is a third-party tokenized exposure, does not constitute equity, and does not guarantee a listing.

Odaily reports that PancakeSwap announced on the X platform that its first Pre-Access project is pPOLY, a token issued by Paimon Finance, with the subscription period running from 17:00 Beijing Time on September 21 to 17:00 on September 24.The token offers investors tokenized indirect exposure to a closely watched company in the prediction market sector ahead of its potential public listing, and can be accessed via Binance Wallet.

Odaily News: The ZetaChain community has passed Proposal 68 with a voter participation rate of 58%, exceeding the 40% quorum threshold; both against votes and abstentions accounted for 0.3%.ZetaChain stated that the project will shift its focus to Anuma, an AI application launched in February this year, and will no longer maintain its independent Layer 1 built on Cosmos SDK. Anuma claims to have over 300,000 users and has processed 1 million requests from 35 AI models.According to the proposal, ZETA will be converted to Solana-native SPL tokens at a 1:1 ratio, retaining the original token ticker and total supply, with the existing unlock schedule unchanged; ZETA on Ethereum and BNB Chain is not included in this migration. The shutdown timeline has not yet been determined, and a second vote will be held to determine the balance snapshot block, shutdown block, token claiming, and asset withdrawal plans. The project team will not initiate the second vote until trading platforms confirm the exchange arrangements; during this period, ZETA staking will continue.

Odaily News: Genius.fun launched on BNB Chain on the evening of September 17, allowing creators to transfer tokenized stocks such as bSTOCKS into an ownerless foundation and unpack them, in an attempt to exercise related equity rights off-chain. The platform's buyback amount was $303,100; among the tokens it issued, GSTOCK has the highest market cap, currently at $6.9 million, having reached $10 million after launch. GSTOCK is paired with BNCB, the on-chain token of BNB treasury company BNC, as its base pool.

Odaily reports that the Radix Foundation has released an incident report stating that an attacker exploited a previously undiscovered vulnerability in the Radix Engine to withdraw assets from third-party vaults without owner authorization, then bridged them via Hyperlane to Ethereum, BNB Chain, Solana, and other networks to sell. The vulnerability originated from a code cleanup in June 2023, and was not identified during an independent security audit conducted by Zellic in August 2024. Approximately 3 hours after the incident, Radix validators proactively took enough staked share offline to prevent the network from reaching consensus, thereby preventing further exploitation of the vulnerability. Affected assets include ETH, WBTC, USDT, USDC, BNB, and SOL, among others. Radix stated that the vulnerability fix has been completed and has undergone independent review and testing, and network recovery is currently underway.

Odaily reports that according to GMGN data, GSTOCK's market cap on BSC rebounded and briefly surpassed $20 million, with a 24-hour gain of over 311x, now at $18.7 million.It is reported that GSTOCK is a Meme coin issued on BNB Chain's new Launchpad Genius.fun, paired for trading with CEA Industries' tokenized stock BNCB.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

1. US SEC introduces "innovation exemption," allowing tokenized stocks to conduct limited on-chain trading;2. Genius launches token issuance platform genius.fun on BNB Chain;3. Uniswap founder: SEC Commissioner Peirce says what needs no exemption is precisely permissionless Uniswap;4. SEC Chair: Pushing for 24-hour trading of US stocks, tokenization may facilitate real-time inventory management;5. AMC CEO praises SEC's new tokenization rules, calls on Robinhood to follow the same standards in overseas markets;6. "Fed whisperer": If the Fed hikes rates again in October, the relationship between Warsh and Trump may face another test;7. Garrett Jin's whale entity ZEC short position unrealized loss expands to $30 million.

Odaily reports, according to GMGN data, the market cap of GSTOCK on BSC briefly reached $18.11 million, with a 24-hour gain of over 190x, and is now at $11.3 million.It is reported that GSTOCK is a Meme coin issued on Genius.fun, BNB Chain's new Launchpad, and is paired for trading with CEA Industries' tokenized stock BNCB.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.