$BNB #BNBfuturemarket #BNB_Market_Update
Binance one of the largest cryptocurrency exchanges in the world. The coin was initially launched as an ERC-20 token on the Ethereum blockchain in 2017, before Binance transitioned it to its own blockchain, Binance Chain, in 2019.
The founder and CEO of Binance is Changpeng Zhao, often known as CZ . He is the primary individual associated with Binance and its development. Binance started with the goal of providing a comprehensive range of services in the cryptocurrency space, including trading, staking, and more, and BNB is central to the exchange's ecosystem, being used for a variety of purposes such as trading fee discounts and participating in token sales on the Binance Launchpad.
So, while CZ is the figurehead and major contributor behind Binance and BNB, the ownership of BNB itself is distributed across a wide range of holders, including Binance users, institutional investors, and others in the broader cryptocurrency ecosystem.