BNB Surpasses BlackRock’s Trust and Rolls-Royce in Market Capitalization

Binance’s native cryptocurrency BNB has overtaken both BlackRock’s trust and Rolls-Royce in market value rankings.

BNB

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Terms & Concepts
  • Market Capitalization: The total value of a cryptocurrency, calculated by multiplying its current price by its total circulating supply.
  • BNB (Binance Coin): The native cryptocurrency of the Binance exchange, used for trading fee discounts, payments, and other blockchain ecosystem utilities.
  • BlackRock’s Trust: An investment trust managed by BlackRock, offering portfolio exposure to various assets such as securities or commodities.