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Osprey Funds Launches the First Publicly-Quoted U.S. BNB Fund, Osprey BNB Chain Trust (OTCQX: OBNB)

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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.

Osprey Funds ha lanciato il Osprey BNB Chain Trust (OBNB), il primo fondo negli Stati Uniti quotato pubblicamente basato sul token BNB, ora in trading sul mercato OTCQX® Best Market. Il fondo offre agli investitori statunitensi l'esposizione al BNB, la quinta criptovaluta più grande per capitalizzazione di mercato (escludendo gli stablecoin), tramite conti di intermediazione tradizionali e IRA.

Questo lancio è particolarmente significativo in quanto il BNB, che alimenta l'ecosistema della BNB Chain e supporta applicazioni decentralizzate, protocolli DeFi e contratti intelligenti, non è facilmente disponibile sugli scambi centralizzati negli Stati Uniti. Il trust, inizialmente offerto tramite collocamento privato, ora rappresenta uno dei pochi modi per gli investitori statunitensi di ottenere un'esposizione al BNB in USD.

Osprey Funds ha lanzado el Osprey BNB Chain Trust (OBNB), el primer fondo de EE. UU. cotizado públicamente basado en el token BNB, ahora comercializándose en el mercado OTCQX® Best Market. El fondo ofrece a los inversores estadounidenses exposición al BNB, la quinta criptomoneda más grande por capitalización de mercado (excluyendo stablecoins), a través de cuentas de corretaje tradicionales y cuentas IRA.

Este lanzamiento es particularmente significativo ya que el BNB, que potencia el ecosistema de BNB Chain y apoya aplicaciones descentralizadas, protocolos DeFi y contratos inteligentes, no está fácilmente disponible en los intercambios centralizados de EE. UU. El fondo, inicialmente ofrecido a través de colocación privada, ahora ofrece una de las pocas formas para que los inversores de EE. UU. obtengan exposición al BNB en USD.

Osprey Funds가 Osprey BNB Chain Trust (OBNB)를 출시했습니다. 이는 BNB 토큰을 기반으로 한 최초의 미국 공모 펀드로, 현재 OTCQX® 베스트 마켓에서 거래되고 있습니다. 이 펀드는 미국 투자자들에게 암호화폐 시장 시가총액 5위(스테이블 코인 제외)인 BNB에 대한 노출을 전통적인 중개 및 IRA 계좌를 통해 제공합니다.

이번 출시는 BNB가 BNB 체인 생태계를 지원하고 분산 애플리케이션, DeFi 프로토콜 및 스마트 계약을 지원하지만 미국의 중앙집중식 거래소에서는 쉽게 이용할 수 없기 때문에 특히 중요합니다. 이 신탁은 처음에 사모 배치를 통해 제공되었으나, 현재는 미국 투자자들이 USD로 BNB에 노출될 수 있는 몇 안 되는 방법 중 하나를 제공합니다.

Osprey Funds a lancé le Osprey BNB Chain Trust (OBNB), le premier fonds américain coté publiquement basé sur le token BNB, désormais négocié sur le marché OTCQX® Best Market. Le fonds permet aux investisseurs américains d'accéder au BNB, la cinquième plus grande cryptomonnaie par capitalisation boursière (hors stablecoins), via des comptes de courtage traditionnels et des IRA.

Ce lancement est particulièrement significatif car le BNB, qui alimente l'écosystème BNB Chain et soutient les applications décentralisées, les protocoles DeFi et les contrats intelligents, n'est pas facilement disponible sur les échanges centralisés aux États-Unis. Le trust, initialement proposé par placement privé, offre désormais l'une des rares possibilités pour les investisseurs américains d'obtenir une exposition au BNB en USD.

Osprey Funds hat den Osprey BNB Chain Trust (OBNB) ins Leben gerufen, den ersten öffentlich notierten US-Fonds, der auf dem BNB-Token basiert und nun am OTCQX® Best Market gehandelt wird. Der Fonds bietet US-Investoren Zugang zu BNB, der fünftgrößten Kryptowährung nach Marktkapitalisierung (außer Stablecoins), über traditionelle Makler- und IRA-Konten.

Dieser Launch ist besonders bedeutend, da BNB, das das BNB Chain-Ökosystem antreibt und dezentrale Anwendungen, DeFi-Protokolle und Smart Contracts unterstützt, auf US-zentralisierten Börsen nicht leicht verfügbar ist. Der Trust, der ursprünglich über private Platzierung angeboten wurde, bietet nun eine der wenigen Möglichkeiten für US-Investoren, BNB-Zugang in USD zu erhalten.

Positive
  • First publicly-quoted BNB fund in the U.S. market, creating a unique market position
  • Provides access to the fifth-largest cryptocurrency through traditional investment accounts
  • Offers U.S. investors rare exposure to BNB in USD
Negative
  • BNB availability on U.S. centralized exchanges may affect liquidity
  • Regulatory uncertainty surrounding cryptocurrency investments in the U.S.

Trust Now Accessible to U.S. Investors with Brokerage or IRA Accounts

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.

Media

Caitlyn Foster

Gregory FCA for Osprey Funds

caitlyn@gregoryfca.com

Source: Osprey Funds, LLC

FAQ

What is the Osprey BNB Chain Trust (OBNB) and when was it launched?

The Osprey BNB Chain Trust (OBNB) is the first publicly-quoted U.S. fund based on BNB token, launched by Osprey Funds and trading on the OTCQX® Best Market. It provides U.S. investors exposure to BNB through traditional investment accounts.

How can U.S. investors access BNB through OBNB?

U.S. investors can gain exposure to BNB through the OBNB trust using traditional brokerage and IRA accounts, providing a USD-denominated investment option.

What makes OBNB unique in the U.S. cryptocurrency market?

OBNB is the first publicly-quoted fund in the U.S. providing exposure to BNB, the fifth-largest cryptocurrency by market cap (excluding stablecoins), which is not readily available on U.S. centralized exchanges.

What is the underlying asset of the Osprey BNB Chain Trust (OBNB)?

The underlying asset is BNB, the native token of the BNB Chain ecosystem, which powers decentralized applications, DeFi protocols, and smart contracts.

Where does OBNB trade and how can investors access it?

OBNB trades on the OTCQX® Best Market and is accessible to investors through traditional brokerage and IRA accounts after initially being available via private placement.
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