INIT Debuts on Binance, Kraken, KuCoin With 1,000,000 INIT Trading Promotion and Modular Cosmos Architecture

INIT was listed on Binance, Kraken, and KuCoin on April 24, 2025. Binance introduced spot and perpetual contracts for INIT/USDT and launched a trading promotion with a 1,000,000 INIT prize pool from April 24 to May 1, 2025. INIT is the native token of the Initia platform, featuring a modular Layer 1 and Layer 2 architecture built on Cosmos SDK, supporting EVM and CosmWasm smart contracts. The total supply is capped at 1 billion tokens, allocated for ecosystem development, developer rewards, and staking incentives.