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Osprey Funds has launched the Osprey BNB Chain Trust (OBNB), the first publicly-quoted U.S. fund based on BNB token, now trading on the OTCQX® Best Market. The fund provides U.S. investors exposure to BNB, the fifth-largest cryptocurrency by market cap (excluding stablecoins), through traditional brokerage and IRA accounts.
This launch is particularly significant as BNB, which powers the BNB Chain ecosystem and supports decentralized applications, DeFi protocols, and smart contracts, is not readily available on U.S. centralized exchanges. The trust, initially offered via private placement, now offers one of the few ways for U.S. investors to gain BNB exposure in USD.
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