BNB Holds Near $1,190 as China Merchants Bank Tokenizes Fund on BNB Chain

Markets, BNB, AI Market Insights, Technical Analysis, News BNB Chain and Binance launched initiatives to shore up confidence, including a $45 million airdrop and a $400 million “Together Initiative”. 

BNB traded at $1,200 on Wednesday, down 0.5% after sliding from a new all-time high that came after a market-wide liquidation event erased roughly $500 billion from the crypto market.

The token, which is the native token of the BNB Chain and can be used to pay of trading fees …

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