INIT Debuts on Binance, Kraken, KuCoin With Launchpool Promotion and 1 Million Token Prize Pool

INIT was listed on Binance, Kraken, and KuCoin on April 24, 2025. Binance Launchpool featured INIT with a trading promotion and a 1,000,000 INIT prize pool from April 24 to May 1, 2025. INIT is the native token of the Initia platform, which uses a modular Layer 1 and Layer 2 architecture based on Cosmos SDK and supports both EVM and CosmWasm smart contracts, with a total supply capped at 1 billion tokens. On-chain sources reported an investor opened a 2x leveraged long position on INIT.