Does CoinMarketCap belong to Binance?

Could you please clarify for me if CoinMarketCap is affiliated with or owned by Binance? I've noticed a close association between the two platforms in some discussions but I'm not entirely sure about the exact relationship. Is CoinMarketCap simply a part of Binance's ecosystem, or is there a deeper connection? I'm interested in understanding the business structure and ownership behind these two entities. Thank you for your assistance in clarifying this matter.