Binance rolls out Fund Accounts for asset managers, bridging crypto-TradFi gap
- Binance launched a new fund management solution called Fund Accounts on April 24.
- This solution mirrors traditional finance models and addresses operational challenges in managing pooled crypto assets.
- Fund Accounts simplify asset management by consolidating investor capital into centralized omnibus accounts.
- Catherine Chen said, "Binance Fund Accounts is a plug-and-play tool."
- The system aims to foster trust, reduce risk concerns, and encourage scaling for eligible fund managers.
14 Articles
14 Articles
Binance’s New Fund Accounts Exchange Solution Aims To Lower Entry Barriers For Fund Managers
Cryptocurrency exchange Binance introduced Fund Accounts, a new technological solution designed for fund managers to pool their investors’ assets, making fund management operations more efficient and improving trading performance. Built on Binance’s account management infrastructure, Fund Accounts aims to simplify the process for fund managers by offering a streamlined method to manage investor capital on the platform, which is the largest crypt…
Binance rolls out Fund Accounts for asset managers, bridging crypto-TradFi gap - WorldNL Magazine
The cryptocurrency exchange is offering a portfolio management feature that’s commonly used in traditional futures and securities markets. Cryptocurrency exchange Binance has introduced a new fund management solution designed to simplify asset management for portfolio managers, highlighting the growing sophistication of institutional tools in the digital asset space. On April 24, Binance launched Fund Accounts, a tool commonly used by traditiona…
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