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Binance will provide crypto asset managers with "fund accounts" similar to traditional financial transactions

Online reports that Binance is providing digital asset managers with a special account that allows them to centrally manage investors 'assets, making the operating experience of crypto funds closer to traditional finance. Binance said that this collective "fund account" introduces a unified net unit value (NAV) concept, a standard commonly adopted by buy-side institutions that provides a clear and traceable profit and loss profile for each fund, thereby solving the problem of the lack of a unified market standard in the field of crypto asset management.

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