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BNB Chain is a blockchain created by Binance (BNB 0.07%), the world's largest cryptocurrency exchange by trading volume. The blockchain is fueled by BNB, formerly known as Binance coin. It's a decentralized, open-source ecosystem that helps users create, store, and exchange data.

BSC, crypto exchange Binance's layer-1 blockchain, recently announced the merger of the Binance Smart Chain and the Binance Chain to form the BNB Chain. The relaunch of Binance's layer-1 or base blockchain is part of a plan to link it to the protocol's governance token BNB to expand and build on decentralization.