@hlitoroy
Binance is launching “Fund Accounts” for licensed asset managers.
These omnibus fund accounts aggregate investor funds and provide the following features:
- Apply different trading strategies for each fund
- Calculate a universal net asset value (NAV), similar to traditional financial instruments
- Reduce transaction costs
- Increase investor confidence through transparency and verified reserves
This product is primarily designed for small managers with $1 million to $20 million in capital.
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