Binance Launches ‘Fund Accounts’ to Attract Traditional Investors

Binance has unveiled Fund Accounts, a new service designed to streamline crypto asset management for fund managers and make it easier for them to tap into the traditional finance market. This innovative tool allows fund managers to pool investor capital into centralized omnibus accounts, fostering more efficient trading and streamlined operations compared to the previous individual account-based system. Previously, fund managers had to handle each investor’s assets separately, limiting scalability and flexibility in strategy execution. ]