The cryptocurrency token $REZ, associated with Renzo Protocol, has officially launched across multiple platforms, including Binance, KuCoin, and WOO X. The token opened with a market cap of $289 million and is now trading at a reduced market cap of $176 million. The initial circulating supply of $REZ is 1.15 billion tokens, with the remaining 8.85 billion tokens locked up pending various criteria. Binance Futures also launched a USDⓈ-M $REZ Perpetual Contract on the same day. The token's launch was part of a broader event that included settlements and trading activations across different exchanges.