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 cap (excluding stablecoins), forms the cornerstone of the BNB Chain, which enables decentralized applications, DeFi protocols, and smart contracts. However, BNB’s lack of listing on centralized U.S. exchanges limits access for American investors. The Osprey BNB Chain Trust now fills that gap, providing exposure to BNB and USD-denominated investments through traditional brokerage accounts and IRAs.
Initially offered through private placement, the Osprey BNB Chain Trust has moved 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 expanding digital asset ecosystem. “At Osprey, we are committed to bridging the gap between traditional finance and digital assets and providing investment solutions for those looking to participate in the generational transformation enabled by blockchain technology,” King said. “The launch of the Osprey BNB Chain Trust underscores our focus on providing access to leading crypto assets.”
*This is not investment advice.