Is SafePal backed by Binance?

In the realm of cryptocurrency wallets, SafePal has garnered significant attention for its ease of use and robust security features. However, with the ever-evolving landscape of digital assets, users are often concerned about the credibility and affiliations of such platforms. One question that often arises is whether SafePal is backed by Binance, one of the leading cryptocurrency exchanges in the industry. Given Binance's vast resources and reputation, such a partnership could provide significant reassurance to potential SafePal users. However, is there indeed a formal link between the two? Let's delve deeper into this question and explore the potential relationship between SafePal and Binance.