FAIRFIELD, Conn.--(BUSINESS WIRE)--Osprey Funds, LLC, a leading crypto investment firm, today announced the launch of the Osprey BNB Chain Trust, now publicly quoted on the OTCQX® Best Market. This is the first U.S. publicly-quoted fund based on BNB, the native token of the BNB Chain ecosystem, providing investors with a unique opportunity to gain exposure to the fifth-largest cryptocurrency by market capitalization (excluding stablecoins).
BNB, which powers the BNB Chain, is a foundational token for decentralized applications, DeFi protocols, and smart contracts. However, due to its unavailability on centralized exchanges in the U.S., the Osprey BNB Chain Trust offers one of the only paths for U.S. investors to access BNB exposure via USD through traditional brokerage and IRA accounts.
The Osprey BNB Chain Trust was initially available via private placement and is now accessible to investors through the OTCQX market.
“At Osprey, we are committed to bridging the gap between traditional finance and digital assets, offering investment solutions for those looking to participate in the generational transformation enabled by blockchain technology,” said Greg King, CEO of Osprey Funds. “The launch of the Osprey BNB Chain Trust underscores our focus on providing access to premier crypto assets.”
For additional information, please visit ospreyfunds.io
About Osprey Funds
Osprey Funds, LLC (Osprey) offers common-sense solutions to digital asset investing. Based in Fairfield, Connecticut, Osprey is dedicated to building better investment products that offer secure, transparent, and cost-effective access to digital assets. Learn more by visiting ospreyfunds.io.
