The BNB Investment Case: How It Differs From Bitcoin

IMPORTANT DISCLOSURES

Please note that VanEck may have a position(s) in the digital asset(s) described herein.

Definitions

Bitcoin (BTC) is a decentralized digital currency without a central bank or single administrator. It can be sent from user to user on the peer-to-peer Bitcoin network without intermediaries.

BNB is the native token of BNB Chain, used to pay transaction fees, stake with the validators that secure the network, and participate in governance.

Token burn is the permanent removal of a digital asset from circulating supply. Reducing supply does not guarantee any effect on the value of the remaining tokens.

Risk Considerations

This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned are unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.