Osprey Funds, a leading crypto investment firm, has announced the launch of the Osprey BNB Chain Trust, the first public fund in the United States based on BNB, the native token of the BNB Chain ecosystem.
BNB, the fifth largest cryptocurrency by market capitalization (excluding stablecoins), is the cornerstone of the BNB Chain, which powers decentralized applications, DeFi protocols and smart contracts. However, BNB’s lack of listing on centralized US exchanges limits access for US investors. The Osprey BNB Chain Trust now fills that gap, providing exposure to BNB and USD-denominated investments through traditional investment accounts and IRAs.
Initially offered through private placement, Osprey BNB Chain Trust has transitioned to public trading on the OTCQX market, making it available to investors nationwide.
Osprey Funds CEO Greg King highlighted the company’s mission to connect traditional finance with the growing ecosystem of digital assets. “At Osprey, we strive to bridge the gap between traditional finance and digital assets and provide investment solutions for those who want to participate in the generational transformation enabled by blockchain technology,” said King. “The launch of the Osprey BNB Chain Trust underlines our focus on providing access to leading crypto assets.”
*This is not investment advice.
