Binance Launchpool launches Initia (Initial) Binance announced that it will launch its 68th Launchpool project, Initia (Initiat), on April 24, 2025 at 11:00 UTC. Users can lock in BNB, FDUSD, and USDC starting from 00:00 UTC on April 18, 2025, to receive an Initiate airdrop, which will last for 6 days. Binance will offer trading pairs including Initiat/USDT, Initiat/USDC, Initiat/BNB, Initiat/FDUSD, and Initiat/TRY. The total supply of Initiat is 1 billion pieces, of which 3% (30 million pieces) are used for Launchpool rewards. In addition, an additional 10 million pieces of Initiate will be distributed in batches for other marketing activities after the spot market is launched, and an additional 20 million pieces will be distributed after 6 months of listing. The initial circulation supply is 148750000 pieces of Initiate.