Genius Foundation to allocate $62,500 each to GSTOCK and GENIUS

Odaily reports that according to monitoring by Ryan Myher, the Genius Foundation's vote on the use of approximately $125,000 in BNB that could not be unwrapped and redeemed into underlying stocks has concluded, with 50% to be allocated to GSTOCK and 50% to GENIUS, amounting to approximately $62,500 each. The funds come from fee accumulation from the Genius.fun launch platform entering the foundation's treasury. The foundation stated it will execute according to the voting results and announce on X upon completion.