Binance launches fund account to help fund managers integrate investor assets

According to BlockBeats, on April 24th, Binance launched the industry's first cryptocurrency trading platform solution - a fund account, which helps fund managers integrate investor assets based on trading strategies. The fund account utilizes Binance's advanced technology and powerful account management infrastructure to support fund managers in integrating investors' assets into a comprehensive account and seamlessly managing trading strategies, thereby simplifying operations and improving trading efficiency. The fund account was designed with reference to traditional financial infrastructure, supporting fund managers to integrate externally raised investor assets into one or more comprehensive accounts ("fund accounts"). In this way, fund managers can focus on trading and seamlessly manage investment portfolios and performance reports. Investors and fund managers usually need to sign separate agreements for subscription and redemption matters. Investors can redeem their asset shares according to the agreed terms.