The platform’s new “Fund Accounts” feature allows crypto asset managers to pool investor assets into omnibus accounts. This setup closely mirrors the experience of traditional finance (TradFi).
This announcement from Binance aims to simplify operations and reduce administrative burdens for fund managers in the crypto space. It also introduces standardized processes to help streamline asset management.
Binance wants to Simplify Crypto Fund Management
Binance’s Fund Accounts introduce a much-needed feature for digital asset managers. These omnibus accounts allow managers to pool assets from multiple investors, making it easier to manage funds without the need for individual accounts for each investor. One of the key features of the Fund Accounts is the universal net asset value (NAV) per unit, a concept widely used in TradFi for tracking profits and losses.
“Asset management is a very mature and well-established industry in TradFi,” says Catherine Chen, Binance’s head of institutional and VIP. “In crypto, we think there’s a lot of demand for this particular expertise and infrastructure because, for the time being, the entry barriers and the learning curve remain relatively steep.”
Binance launches industry-first tech solution for fund managers.
A solution designed to enable fund managers to pool investor assets based on specific trading strategies.
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— Binance (@binance) April 24, 2025
The expected size of asset managers using Binance Fund Accounts can range from $1 million to $20 million in assets under management (AUM). With a transparent NAV, proof of reserves, and reduced operational complexity, these accounts offer a compelling option for both new and seasoned managers looking to bring their funds into the crypto space.
More About Binance
Binance Alpha will be the first platform to feature Sign (SIGN), with trading set to open on April 28th—exact launch time still under wraps. Users who meet the required Alpha Points threshold will be eligible for an airdrop, which will be delivered within 10 minutes after trading begins.
Get ready! Binance Alpha will be the first platform to feature Sign (SIGN)! Trading will open on April 28th, with the exact time to be announced.
Users who meet the Alpha Points threshold will receive their airdrop within 10 minutes after trading starts. The threshold will be… pic.twitter.com/jDipvsoTl2
— Binance (@binance) April 25, 2025
The exact threshold will also be revealed on April 28th, giving participants a fair shot to prepare and potentially claim their share of SIGN as it makes its debut.
Disclaimer
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