INIT Debuts on Binance With $1M Promotion and Launchpool, Powering Initia Blockchain Governance

INIT was listed on Binance on April 24, 2025, with trading pairs including INIT/USDT. Binance launched a $1,000,000 trading promotion and a Launchpool staking program for INIT. INIT serves as the gas and governance token for the Initia blockchain, which is built on the Cosmos SDK, supports MoveVM, and enables cross-chain communication with integrated Layer 1 AMM liquidity. At launch, 14.88% of the total 1 billion INIT supply, or about 148.75 million tokens, was in circulation.