About BNB
BNB is the native token of the BNB Chain ecosystem, which Binance created in 2017. It began as an exchange token sold through an initial coin offering held in late June and early July 2017, first issued as an ERC-20 token on Ethereum before moving to its own chain. Holders use BNB to pay transaction fees, stake, vote on network decisions, and get trading fee discounts on Binance. BNB Chain reaches agreement through proof of staked authority, a design that blends proof of stake with proof of authority. The token started with a total supply of 200 million, and a quarterly burn permanently removes coins from circulation to shrink the total over time.
CZ denies his post caused removal of Solana’s Shanghai ad
The incident highlights the precarious nature of crypto ventures in China, where regulatory scrutiny can swiftly disrupt strategic initiatives.
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The rise of Binance and Robinhood in tokenized equities signals a shift towards diversified platforms, enhancing market competition and innovation.
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Franklin Templeton's strategic shift to BNB Chain highlights the growing influence of blockchain in traditional finance, potentially reshaping asset management.
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T. Rowe Price's active crypto ETF could reshape investor strategies by offering diversified, actively managed exposure to multiple digital assets.
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The rise of tokenized stocks highlights growing global retail demand for 24/7 trading, potentially reshaping traditional market dynamics.
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bStocks' growth highlights the increasing appeal of tokenized assets, potentially reshaping global investment access and financial inclusion.
A sourced map of BNB's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on BNB and the wider market, hosted by our team, will appear here once episodes are live.