Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Binance plans to provide crypto asset managers with a “fund account” similar to traditional financial transactions
2025-04-24 11:53

Odaily News Binance will provide special accounts for digital asset managers, allowing them to pool investors' assets and make the crypto fund management business more like a traditional financial experience. Binance said on Wednesday that this comprehensive "fund account" introduces the concept of universal net asset value (NAV) per unit used by buy-side firms, providing clear and traceable profit and loss information for each fund, solving the lack of common market standards in the field of crypto asset management. Qualified asset managers need to obtain licenses in their respective jurisdictions. They can create multiple fund accounts and deploy different trading strategies for each fund. (CoinDesk)