Binance launched a Token Generation Event (TGE) platform for Binance Wallet, introducing a bonding curve model to streamline token launches on the BNB Chain. Developed with Alpha Finance, the platform enables projects to raise funds using BNB and Alpha Points, with non-transferable tokens during the initial phase to ensure fair distribution. The first token launch was announced for July 16, targeting memecoins and utility tokens. BNB’s price rose 3.2% to
