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Crypto

Binance Coin Bucks the Trend

Cryptocurrency prices haven’t gained much ground in recent months, but sentiment seems to be improving as people forget the crazy highs. Industry insiders say the focus now is on developing products—from games to digital collectibles to advanced blockchains—that they feel have long-term legs.

Still, one cryptocurrency has bucked the trend: Binance Coin. The token issued by the Malta-based exchange has appreciated nearly 200% this year. And in another sign of the optimism in the market, new crypto companies are still being formed; below, we discuss one founded recently by a former employee of Polychain Capital, a crypto investment fund.

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