Binance has announced the launch of fund accounts--comprised of multiple cryptocurrencies and divided into purchasable units--to appeal to non-crypto investors who want to get a piece of the action without having the burden of research. These crypto funds will also help fund managers, at least partly because performance will be easier to report. Binance proports this move might help be a "bridge between crypto and TradFi."
What's your impression of this sort of fund? Would experienced crypto investors be tempted to buy units? Out of laziness (guilty!) and/or to diversify their portfolios? And do you think crypto funds will lure traditional investors to dip their toes into the scary waters of defi?
https://crypto.news/binance-launches-fund-accounts-to-attract-traditional-investors-into-crypto/
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