$INIT - The latest launchpool from Binance has an FDV...?

Recent Binance launchpool projects have had an FDV after some time of listing around 300 - 400 million USD

Series A in 2024 Initia valued at 350 million USD

Private in 2024 Initia valued at 250 million USD

Binance lists $INIT on 24/04/2025

Initia received an investment of 1 million USD from YZi Labs (Binance Labs) in the Pre-Seed round of 2023 #Binance