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New Hong Kong Talent Service Association Successfully Hosts “Cross Boarder E-commerce Industry Conference” with strategic partner InvestHK

New Opportunities in Cross-border , New Future for Industry

HONG KONG, April 24, 2025 /PRNewswire/ — The New Hong Kong Talent Service Association had successfully held the Cross-border E-commerce Industry Conference themed “New Opportunities in Cross-border, New Future for Industry.” This event was organized by the New Hong Kong Talent Service Association, with InvestHK as the strategic partner, and co-organized by the Hong Kong Federation Of E-commerce and the Hong Kong Science and Technology Youth Federation, sponsored by Amazon Web Services, Hong Kong Broadband, Airwallex, Fundfluent. It received strong support from various institutions, including Amazon, Amazon Web Services, Hong Kong Broadband, Airwallex, Fundfluent, In Corp International, Hong Kong Zhiheng Law Firm, and SENZON Technology. The event brought together experts from all aspects related to cross-border e-commerce to share the advantages of conducting cross-border e-commerce business in Hong Kong and the current trend in the industry.

During the conference, the New Hong Kong Talent Service Association introduced its latest structure and business segments, emphasizing its comprehensive service philosophy for new talents coming in Hong Kong, both on a personal and corporate level, to help them integrate into the Hong Kong local community. It shared the framework details of the full life cycle management for individuals coming to Hong Kong and the full-dimensional management for businesses going global and landing in Hong Kong. Representatives from the InvestHK introduced the various policies and resources provided by the Hong Kong government to support enterprises investing in the region. This included the attractiveness of Hong Kong as a trade center, a brand and creativity hub, and a logistics center for cross-border e-commerce, as well as the opportunities and policy support for investing in cross-border e-commerce in Hong Kong.

Moreover, the forum segment of the conference featured experts from different professional fields who provided insight on current trends in cross-border e-commerce, technological innovation, financial innovation, and compliance requirements. There were seasoned industry veterans who shared their winning strategies for cross-border business in Hong Kong without reservation, as well as specialized institutions in technology, payment, and funding that offered the latest service solutions, paving the way for those engaging in cross-border e-commerce in Hong Kong.

The successful holding of the Cross-border E-commerce Industry Conference not only clarified the direction and path ways for enterprises to come to Hong Kong but also provided new investment directions and opportunities for various talents newly arrived in the region. It further added new vitality to Hong Kong’s role as a distribution hub for cross-border e-commerce. The New Hong Kong Talent Service Association and the InvestHK look forward to collaborating with more cross-border e-commerce companies and investors to achieve win-win development.

About the New Hong Kong Talent Service Association: The New Hong Kong Talent Service Association Limited, established in Hong Kong, is a service association dedicated to promoting exchanges and cooperation between talents and enterprises in Hong Kong and the mainland China. Through organizing various forums, training activities, and overseas exchange groups, the association provides solutions for the development and business cooperation of enterprises and talents.

Contact: WeChat official account “New Hong Kong Talent Service Association”

Conclusion: We look forward to cooperating with more enterprises and talents to jointly explore the unlimited business opportunities and possibilities of going global for talents and enterprises.

Emerging Ecosystem of Energy Harvesting Drives 1.1 Billion Ambient IoT Device Shipments in 2030

NEW YORK, April 24, 2025 /PRNewswire/ — Ambient IoT’ describes a new class of connected devices that can harvest energy from virtually any available source in the device’s surrounding environment. In recent years, an ecosystem of energy-harvesting component manufacturers has emerged, driving the growth of ambient-powered Internet of Things (IoT) devices. ABI Research, a global technology intelligence firm, forecasts that Ambient IoT device shipments will reach 1.1 billion units in 2030.

“Innovation has been led by the designers of power generators, focusing on optimizing techniques to convert ambient energy into usable energy. And by the designers of Power Management Integrated Circuits (PMICs), working to develop chips that can store harvested energy on the device in the most efficient way possible,” explains Jonathan Budd, Industry Analyst at ABI Research. “The specialized ecosystems for solar cells and solar modules, piezoelectric harvesters, thermoelectric generators (TEGs), and Radio Frequency (RF) harvesters are enabling energy conversion from low light sources, low temperature gradients, as well as power-at-a-distance via radio signals.”

The power generator designs of Wiliot, Exeger, Energous, Epishine, Powercast, EnOcean, and Ossia, as well as those for PMICs from e-peas and Nexperia, are unlocking new applications across the IoT landscape for the use of reliable battery-free systems, as well as hybrid models for the combination of battery power and energy harvesting. In 2030, ABI Research projects photovoltaic (PV) harvesting to be the most common method of powering Ambient IoT devices, accounting for 57% of device shipments, followed by RF harvesting with 36%, while piezoelectric and thermoelectric harvesting are expected to power 4% and 3% of Ambient IoT devices, respectively.

Since 2014, a niche ecosystem of startup PMIC vendors has focused exclusively on energy harvesting for Ambient IoT. The trend is towards enabling ‘energy-agnostic’ power management, where PMICs can manage energy captured from any harvested input, whether that be PV, RF, piezoelectric, or thermoelectric harvesting. OEMs can select which inputs are needed based on the nature of the ambient energy inputs in proximity to the device.

“For customers managing large networks of battery-powered IoT devices, where batteries need to be frequently replaced, the potential for long-term autonomous operation is enticing. It is up to generator and PMIC suppliers, connectivity standards bodies, as well as the newly formed Ambient IoT Alliance, to demonstrate the total costs of ownership (TCOs) savings that can be achieved through investment in harvesting equipment,” Budd concludes.

These findings are from ABI Research’s Energy Harvesting for the IoT: Vendor Landscape and Technology Development report. This report is part of the company’s IoT Hardware research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com

Four AT128 Lidar Sensors from Hesai Selected as Primary Lidar for All Pony.ai Seventh-Generation Robotaxis

SHANGHAI, April 24, 2025 /PRNewswire/ — Hesai Group (Nasdaq: HSAI), the global leader in lidar technology for automotive mobility and robotic applications, today announced that its long-range, automotive-grade AT128 lidar has been selected as the primary lidar solution for all three mass production models of the new seventh-generation Robotaxi unveiled by Pony AI Inc. (Nasdaq: PONY), a global leader in the large-scale commercialization of autonomous mobility. Each vehicle will be equipped with four Hesai’s AT128 lidar sensors, demonstrating Hesai’s critical role in enabling advanced autonomous driving capabilities.

The announcement was made at the Shanghai International Automobile Industry Exhibition (the “Shanghai Auto Show”), where Pony.ai unveiled the seventh-generation automotive-grade L4 autonomous driving hardware and software platform. The platform will be used across three new Robotaxi models, which are now undergoing road-testing across multiple regions, marking the beginning of scaled production for Pony.ai’s next-generation autonomous fleet.

“The integration of Hesai’s AT128 lidar sensor across Pony.ai’s next-generation Robotaxi lineup marks a significant milestone in our partnership.” said David Li, Co-Founder and CEO of Hesai. “We are proud to provide the core lidar technology powering one of the world’s most advanced autonomous driving platforms, and we remain committed to delivering cutting-edge lidar solutions that empower our partners to scale safe and intelligent mobility.”

Pony.ai’s latest system features a 100% automotive-grade autonomous driving (“ADK”), a 70% reduction in bill-of-materials (“BOM”) costs compared to the previous generation, and a modular platform architecture that allows seamless adaptation across multiple vehicle models. The system is also the world’s first to deliver full-scenario, fully driverless L4 autonomy powered by automotive-grade chips and Pony.ai’s proprietary “PonyWorld” technology. To date, the Robotaxi fleet has logged over 500,000 hours of real-world, fully autonomous operation, demonstrating a tenfold improvement in safety compared to human drivers.

Central to this breakthrough is Hesai’s AT128 lidar, a benchmark-setting long-range sensor with a 120° ultra-high-resolution field of view, a 200-meter detection range, and an industry-leading 1.53 million points of data per second. The advanced sensing capability enables comprehensive 360° obstacle detection and ranging, ensuring safe navigation in the most complex traffic environments. It is uniquely designed for scaled deployment of driverless vehicles.

This deepened collaboration further strengthens Hesai’s position at the forefront of the global autonomous driving industry and reflects the Company’s continued investment in R&D for next-generation lidar technologies.

 

Top 10 Bank Chooses IR to Power High Value Payments Intelligence

SYDNEY, April 24, 2025 /PRNewswire/ — Integrated Research (IR) (ASX:IRI), the world’s most trusted independent provider of observability for business-critical IT ecosystems, today announced that a top 10 global bank has deployed IR’s High Value Payments solution to enable real-time visibility and control across its high value payments environment.

This deployment marks a significant milestone in IR’s growing role in supporting global financial institutions to reduce risk, meet rising regulatory demands, and modernize complex payments systems.

The bank turned to IR to strengthen end-to-end oversight of the hundreds of thousands of high value transactions it processes daily across payment systems including Fedwire, SWIFT and CHIPS. By monitoring payment queues, system performance, and transaction flows in real time, the institution can proactively anticipate issues, minimize delays, and strengthen compliance and liquidity risk management.

“Efficiently processing high value payments is critical to the success of the global financial system – when those transactions are delayed or non-compliant, the consequences are serious,” said Ian Lowe, CEO at IR. “As a top 10 global bank, this client needed more than just monitoring. They needed real-time, actionable insight from origination to settlement across every major clearing network to mitigate risk, stay compliant, and protect their operations. That’s what they get with IR.”

IR will be attending the Nacha Smarter Faster Payments conference in New Orleans from April 27 – 30. Visit booth 1054 for a demo of the High Value Payments solution and discover how IR supports mission-critical payments environments for financial leaders worldwide. Or visit ir.com to find out more.

About Integrated Research (IR)

Integrated Research (IR) is the world’s most trusted independent provider of observability solutions for critical IT infrastructure, payments and communications ecosystems.

IR’s Prognosis platform provides the visibility and insight organizations need to optimize performance of their business-critical technology, deliver exceptional user experiences and drive growth through innovation.

Discover better with IR.

Shanghai to Host Historic Esports Spectacle as Hero Esports ACL Grand Finals Venues Revealed

Asia’s Premier Multi-Game Championship Unites Nine Esports Titles Across Three Iconic Shanghai Venues This May

SHANGHAI, April 24, 2025 /PRNewswire/ — The HERO ESPORTS Asian Champions League (ACL), Asia’s most prestigious multi-title esports tournament organized by Hero Esports, an industry leader and the largest esports company in Asia, has announced its championship venues for the ACL Grand Finals 2025 taking place May 16-18 in Shanghai. The landmark event will transform three of the city’s most iconic venues into battlegrounds for nine premier esports titles, cementing Shanghai’s status as the global esports capital.

The tournament is expected to attract 80,000+ live attendees across three venues, with global broadcasts reaching millions via Twitch, YouTube, and TikTok. Participating teams will be competing for a total prize pool of $2 million. Selected ACL winners will earn direct entry to the Esports World Cup in Riyadh, Saudi Arabia—the largest esports event in history due to take place from July to August.

Venue and Event Lineup

1. SPD Bank Oriental Sports Center (Esports Coliseum)
   – ACL Grand Finals 2025 X CS2
   – ACL Grand Finals 2025 X HOK
   – ACL Grand Finals 2025 X League of Legends Legend Cup S3
2. JING’AN SPORTS CENTER (Tactical Esports Arena)
   – ACL Grand Finals 2025 X Valorant Champions Tour
   – ACL Grand Finals 2025 X CrossFire
3. National Exhibition and Convention Center (Global Gaming Festival Hub)
   – ACL Grand Finals 2025 X DOTA2
   – ACL Grand Finals 2025 X Street Fighter 6
   – ACL Grand Finals 2025 X Teamfight Tactics
   – ACL Grand Finals 2025 X Delta Force


Event Highlights
DreamHack’s China Debut: The world’s largest gaming festival joins forces with ACL, delivering an unprecedented fusion of esports, music (electronic/rap), and interactive gaming culture experiences.
Path to Glory: Top performers will secure direct qualification to the 2025 Esports World Cup (EWC) in Riyadh – esports’ richest tournament with historic prize pools.
Asia’s Defining Moment: Over 80,000+ live attendees expected across three venues, with global broadcasts reaching millions via Twitch, YouTube, and TikTok.

Executive Insights

Shanghai’s selection as our host city reflects its unmatched esports infrastructure and passionate community,” said Jonny Wang, ACL CEO. “By combining elite competition with DreamHack’s festival energy, we’re creating a new blueprint for global esports events.”

“This is Hero Esports’ most ambitious project to date,” added Danny Tang, Co-Founder & CEO of Hero Esports. “The ACL bridges Asian talents with the world stage while delivering unforgettable fan experiences through cutting-edge production.”

About the HERO ESPORTS Asian Champions League

The HERO ESPORTS Asian Champions League (ACL) is currently the premier and largest international multi-title esports event in Asia. Hosted by leading esports company Hero Esports, the tournament boasts a total prize pool of $2 million. This year, the inaugural ACL features nine premier esports titles, including Counter-Strike 2, Dota 2, Honor of Kings, Street Fighter 6, League of Legends Legend Cup S3, Teamfight Tactics, VALORANT Champions Tour, Delta Force and CrossFire.

The ACL Grand Finals 2025 (May 16–18, Shanghai) will partner with DreamHack, uniting elite players, gaming tech, and fans. Selected ACL winners will earn direct entry to the Esports World Cup in Riyadh, Saudi Arabia—the largest esports event in history.

For more info, please check ACL official website: https://esportsacl.com/home

About Hero Esports

Founded in 2016, Hero Esports is the biggest esports company in Asia, producing more than 7,000 matches every year that captivate an online fan base of over 800 million. With a global presence encompassing 12 office locations and eight top-tier esports arenas, Hero Esports offers a comprehensive suite of esports services, including tournament organization, marketing solutions, community development, and more. As a private company, Hero Esports counts Savvy Games Group and Tencent, among others, as investors, with Kuaishou and Huya as strategic partners.

Headquartered in Shanghai and employing more than 1,100 employees, Hero Esports is a fully integrated operator of esports tournaments and creator of esports content with global reach. The company has helped produce many prestigious tournaments including the Olympic Esports Week, the Esports World Cup as well as the esports series featured at both the Jakarta Asian Games 2018 and the Hangzhou Asian Games 2023. Hero Esports also worked with the world’s top-tier game publishers such as Tencent and Krafton in organizing popular esports leagues such as the Honor of Kings’ KPL series and PUBG’s PGC series, among many others. In 2024, Hero Esports launched Esports Asian Champions League (ACL), Asia’s premier international, multi-title esports tournament. Hero Esports is a member of the Esports Integrity Commission (ESIC).
www.heroesports.com 

 

Tuya Filed 2024 Annual Report on Form 20-F and Released Environmental, Social and Governance Report

SANTA CLARA, Calif., April 24, 2025 /PRNewswire/ — Tuya Inc. (“Tuya” or the “Company”) (NYSE: TUYA; HKEX: 2391), a global leading AI cloud platform service provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”) on April 24, 2025, U.S. Eastern Time. The annual report can be accessed on the Company’s investor relations website at ir.tuya.com and on the SEC’s website at www.sec.gov. The Company will also provide a hard copy of its annual report on Form 20-F for the fiscal year ended December 31, 2024 including the complete audited financial statements, free of charge, to its shareholders and American Depositary Share holders upon written request.

The Company also announced today that it has released its Environmental, Social and Governance (“ESG”) Report to highlight the Company’s ESG strategies, accomplishments, and progress towards its sustainability goals. To view the report in full, please visit: ir.tuya.com.

About Tuya Inc.

Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a global leading AI cloud platform service provider with a mission to build an AIoT developer ecosystem and enable everything to be smart. Tuya has pioneered a purpose-built AI cloud platform with cloud and generative AI capabilities that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, Software-as-a-Service, or SaaS, and smart solutions for developers of smart device, commercial applications, and industries. Through its AIoT developer platform, Tuya has activated a vibrant global developer community of brands, OEMs, AI agents, system integrators and independent software vendors to collectively strive for smart solutions ecosystem embodying the principles of green and low-carbon, security, high efficiency, agility, and openness.

Investor Relations Contact

Tuya Inc.
Investor Relations
E-mail: ir@tuya.com

The Blueshirt Group
Gary Dvorchak, CFA
Phone: +1 (323) 240-5796
Email: gary@blueshirtgroup.co

HL Stategy
Haiyan LI-LABBE
Email: hl@hl-strategy.com

 

Forward Networks Enhances Network Digital Twin with Advanced Endpoint Collection to Strengthen Security Compliance and Eliminate Tool Sprawl

Forward Enterprise delivers the most comprehensive, always-accurate network inventory available—empowering teams to manage, secure, and simplify modern enterprise networks

SANTA CLARA, Calif., April 24, 2025 /PRNewswire/ — Forward Networks, the leader in network digital twin technology, today announced significant enhancements to its Forward Enterprise platform: the addition of endpoint discovery and collection capabilities. These advancements enable security and operations teams to meet growing compliance demands, reduce reliance on disconnected tools, and gain unified visibility into all network-connected devices by delivering a comprehensive, always-accurate network inventory.

As the number and diversity of network endpoints—such as laptops, IoT devices, printers, and controllers—continue to grow, traditional endpoint collection tools fall short. Legacy tools operate in silos, provide incomplete data, and require extensive manual effort to master and maintain. The result is tool sprawl, wasted time, excessive cost, and increased risk. Forward Networks addresses this challenge by integrating endpoint discovery, collection, and analysis into its network digital twin, creating an always-accurate representation of every connected device and its behavior across the enterprise network.

“We continue to extend the data analysis and visibility of Forward Enterprise to help our customers keep their networks and interconnected devices agile, predictable, and secure,” said Chiara Regale, SVP of Product and UX at Forward Networks. “With these enhancements, teams can improve operational efficiency, meet compliance requirements more easily, and reduce dependence on single-purpose legacy tools —enabling them to do more without adding headcount.”

Forward Enterprise is known for its unmatched ability to deliver an always-accurate inventory of network devices, including their configurations and state. This data enables NetOps and SecOps teams to fully understand network behavior, ensure compliance, prevent outages, and reduce risk. Historically, this capability focused on L2–L7 packet-pushing devices. With this announcement, Forward Networks has expanded its platform to include endpoints such as IoT devices, controllers, and end-user systems—effectively anything connected to the network with a controller, thus delivering the industry’s most comprehensive single-source-of-truth for network data.

The updated endpoint collection feature leverages Forward Networks’ powerful Network Query Engine (NQE) to provide:

  • Automated discovery of all connected endpoints, regardless of type or location
  • Rich contextual analysis of device connectivity and exposure
  • Real-time reconciliation across data sources such as DNS, IPAM, host scanners, and CMDBs
  • Proactive alerts for inventory discrepancies or security-relevant changes
  • Built-in compliance checks and audit-ready documentation

These capabilities are fully integrated into the Forward Enterprise platform, allowing customers to replace fragmented legacy tools with a single, unified solution. By consolidating endpoint, network, and security data into one platform, organizations can dramatically reduce complexity, improve accuracy, avoid outages, and accelerate their response to risk. Learn more about the feature here.

Forward Enterprise is the only true network digital twin, delivering a mathematically accurate model of the entire network—including on-prem, cloud, and hybrid environments. Supporting 30+ vendors and 900+ OS versions, it offers unmatched visibility and compliance insights. Its unique, read-only data collection discovers unknown devices and integrates with CMP for a complete, risk-free view. Scalable to 50,000+ devices per instance, it eliminates silos and delivers $14.2M in average annual benefits through improved efficiency and security.

Visit us at RSA Conference San Francisco, April 28 – May 1, 2025

Forward Networks is a Bronze Sponsor at RSA Conference 2025, visit us at booth S-1055. If you’d like to see the platform in action but don’t want to wait in line, please pre-book a demo.

About Forward Networks
Forward Networks is revolutionizing the way large networks are managed. Forward’s advanced software delivers a digital twin of the network, enabling network operators to ensure the network is secure, reliable, and agile. The platform supports devices from all major networking vendors and cloud operators, including AWS, Azure, and Google Cloud Platform. Forward Networks was founded in 2013 by four Stanford Ph.D. graduates and is headquartered in Santa Clara, California. Investors include MSD Partners, Goldman Sachs, Andreessen Horowitz, Threshold Ventures, Section 32, Omega Venture Partners, and A. Capital. For more information, visit www.forwardnetworks.com.

Forward Networks Contacts:
Dustin Rausa, Guyer Group
dustin.rausa@guyergroup.com

Dawn Slusher, Forward Networks
dawnslusher@forwardnetworks.com

 

Binance Launches Fund Accounts – the First Crypto Exchange Solution Lowering the Entry Barrier to Crypto for Fund Managers

Mirrored on traditional finance account infrastructure, fund managers can now set up omnibus accounts on Binance to streamline investment trading strategies and focus on growth

DUBAI, UAE, April 24, 2025 /PRNewswire/ — Binance, the global blockchain ecosystem trusted by over 270 million users worldwide, today announced Fund Accounts, the first digital asset exchange technological solution for fund managers to facilitate pooling of their investors’ assets to streamline fund management operations and enhance trading efficiency. Powered by Binance’s robust account management infrastructure and technology, Fund Accounts reduces friction for fund managers with a new and efficient way to manage investor capital on the world’s largest cryptocurrency exchange by trading volume.

Mirrored on account infrastructure available in traditional finance, Binance Fund Accounts allows fund managers to consolidate externally-raised investor funds into one or multiple omnibus Fund Accounts based on their preferred trading strategies. This plug-and-play account infrastructure enables fund managers to operate with greater flexibility and efficiency, freeing them to focus on strategy execution to deliver for their investors. Until now, fund managers trading on crypto exchanges could only manage each of their investor’s assets individually in segregated trading accounts, limiting the managers’ ability to streamline and scale for performance as they usually do in traditional fund management.

Bringing TradFi user experience and trust to crypto asset management

Binance Fund Accounts introduce a universal net asset value (NAV) per unit concept widely used in TradFi to provide a clear and trackable profit-and-loss (PnL) for each fund and will address the lack of a common market standard in crypto asset management. The NAV per unit calculation will give transparency to fund managers and their investors, and also ensure that each respective investor is only able to withdraw the assets that they’re entitled to.

Fund managers will have trading capabilities over the fund accounts while deposits and withdrawals are limited to their investors, giving investors the confidence their assets are securely kept on Binance. This will foster trust in the growing crypto asset management sector and remove barriers for emerging fund managers to address counterparty risk concerns of investors.

Investors and fund managers would need to enter into a separate agreement regarding subscription and redemption, ensuring transparency and clarity in the asset management process. This framework is modeled after traditional finance to provide fund managers with more cohesive management of investor capital and reduces complexity, offering fund managers and their investors a TradFi-like user experience they are familiar with.

Head of Binance VIP & Institutional, Catherine Chen, says: “Fund managers are seeking efficient, scalable solutions to adapt their strategies to the ever-evolving crypto landscape. Binance Fund Accounts is a plug-and-play tool that lets fund managers streamline investment management, allowing them to focus on strategy execution and efficient capital deployment. Our technology solution empowers fund managers to offer a more seamless and flexible approach to digital asset management while ensuring that their investors can benefit from the security and deep liquidity Binance is known for. We are excited to continue leading the way in transforming how institutional clients engage with digital assets.

Key benefits of Fund Accounts include:

  • Streamlined Portfolio Management: Fund Accounts significantly reduces the operational complexity associated with managing multiple accounts by consolidating investor assets into a single omnibus account. This enables fund managers to execute strategies more efficiently, reducing time and effort spent on individual account adjustments.
  • Flexibility in Strategy Execution: The flexibility to create multiple fund accounts allows managers to deploy different trading strategies tailored to each fund while maintaining an efficient, centralized structure for all investor assets. This enables fund managers to focus on strategic decision-making rather than operational overhead.
  • Investor Diversification: With the functionality of setting up multiple fund accounts, fund managers can attract a variety of investors based on their risk appetite and thus set up fund accounts with tailored trading strategies accordingly.
  • Net Asset Value (NAV) Per Unit standard: Fund Accounts introduces a universal NAV per unit concept widely used in TradFi to provide a clear and trackable PnL for each fund, setting a common standard for the crypto asset management market. The NAV per unit standard provides transparency for both fund managers and their investors, makes it easier for managers to communicate fund performance, and enables the calculation and tracking of each investor’s entitlement in each investment fund.
  • Foster Trust between Fund Managers and Investors: Binance’s robust account management infrastructure ensures investors’ assets are securely kept on the world’s largest crypto exchange, while enabling fund managers flexibility and scalability in their trading execution and operations. This will cultivate trust in the growing crypto asset management sector and remove barriers for emerging fund managers to compete.
  • Business Growth and Scaling: Fund managers can now effectively scale up their fund size exponentially without incurring incremental operational costs as the funds are pooled for efficient management and execution. This addresses a long-standing pain point for fund managers when investing in digital assets, given that it is difficult and expensive to scale when managing multiple segregated accounts.

Binance continues to lead the market in meeting demand for solutions that bridge the gap between crypto and TradFi for institutional users. Other first-in-market solutions pioneered by Binance include banking triparty to address counterparty risk concerns, and Binance Wealth  which enables wealth managers to support their high-net-worth clients’ crypto journey.

Disclaimer: The products and services referred to herein may be restricted in certain jurisdictions or regions or to certain users, in accordance with applicable legal and regulatory requirements. These materials are intended only for those users who are permitted to access and receive the products and services referred to and are not intended for users to whom restrictions apply. Binance offers the Fund Account function as a purely technological solution to meet the needs of fund managers and investors. Binance is not a party to any contract entered into between the fund managers and investors. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. Past performance is not a reliable indicator of future performance. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 270 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means.

For more information, visit: https://www.binance.com 

About Binance VIP & Institutional

Binance VIP & Institutional empowers institutions and private wealth clients with robust asset management infrastructure, personalized VIP services and advanced end-to-end institutional trading tools on the world’s largest cryptocurrency exchange by trading volume and registered users. With deep financial services experience in both traditional and crypto markets, its global team of trusted experts provides VIP & Institutional clients with the support they need to confidently capitalize on the industry’s deepest liquidity and tightest markets.

For more information, visit: https://www.binanceinstitutional.com