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

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 …