On April 24th, Binance launched the industry's first cryptocurrency trading platform solution - Fund Accounts, helping fund managers integrate investor assets according to trading strategies. Fund Accounts utilize Binance's advanced technology and robust account management infrastructure, supporting fund managers to consolidate investors' assets into comprehensive accounts and seamlessly manage trading strategies, thereby simplifying operations and improving trading efficiency.
Fund Accounts were designed with reference to traditional financial infrastructure, supporting fund managers to integrate externally raised investor assets into one or multiple comprehensive accounts ("Fund Accounts"). This allows fund managers to focus on trading and seamlessly manage portfolio and performance reports. Investors and fund managers typically need to sign separate agreements regarding subscription and redemption matters. Investors can redeem their asset shares according to the agreed terms.
