Is SafePal part of Binance?

Could you please clarify the relationship between SafePal and Binance? There seems to be some confusion in the crypto community regarding whether SafePal is a subsidiary, affiliate, or simply a partner of Binance. Given the significant influence and popularity of both platforms, it's important to understand their connection. Is SafePal an official product of Binance? Does Binance own or invest in SafePal? Or are they merely working together on certain projects? Clarifying this relationship would help investors and users make informed decisions about using these services.