This marks the first U.S. publicly quoted fund based on BNB, the native token of the BNB Chain ecosystem.
Investors can now access this opportunity on the OTCQX® Best Market, opening doors to one of the world’s top cryptocurrencies. Let’s discover more about the BNB Fund.
Osprey Launches BNB Chain Trust for Mainstream Investors
BNB is a big fish in the cryptocurrency world. This token is ranked as the fifth-largest by market capitalization when stablecoins are excluded. With the launch of this fund, Osprey is giving investors a chance to gain exposure to this powerhouse token. This eliminates the need to navigate the complexities of direct crypto trading.
“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.”
We are proud to announce the Osprey BNB Chain Trust, $OBNB, is now publicly-quoted on @OTCMarkets
$OBNB offers investors exposure to $BNB, the native token of the BNB Chain, and is the first publicly-quoted U.S. $BNB fund!!
Learn more here
https://t.co/ziMvgweL7i
— Osprey Funds (@OspreyFunds) December 18, 2024
Initially available through private placement, the Osprey BNB Chain Trust is now accessible to a broader audience via the OTCQX, a top-tier over-the-counter market.
Bridging Traditional Portfolios with Blockchain Power
The Osprey BNB Chain Trust is designed for those who want to add a slice of blockchain’s growing influence to their portfolios. BNB plays a key role in the BNB Chain ecosystem. It powers decentralized finance (DeFi), NFTs, and smart contracts. This makes it a pivotal asset in the evolving world of digital finance.
$OBNB. The first publicly-quoted U.S. $BNB fund!
This was done with no involvement from me. I only learned about it a couple of days ago. Strong community!
https://t.co/2T1Ij2u0Kt
— CZ
BNB (@cz_binance) December 19, 2024
For traditional investors looking to dip their toes into the crypto waters, this fund provides a bridge. So, tith Osprey’s reputation for innovation and focus on regulatory compliance, the Osprey BNB Chain Trust stands out. It offers a way to invest in digital assets without feeling like you’re venturing into uncharted territory.
Disclaimer
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