Osprey Funds, LLC, a U.S.-based crypto funding agency, has introduced that the Osprey BNB Chain Belief is now publicly quoted on the OTCQX® Finest Market.
Curiously, the fund occurs to be the primary within the US to supply publicity to BNB, the native token of the BNB Chain ecosystem. It goals to supply a approach for buyers to entry the cryptocurrency by way of conventional brokerage and IRA accounts.
BNB Positive aspects US Accessibility
In its official press launch this week, Osprey highlighted that BNB underpins numerous decentralized functions, DeFi protocols, and sensible contracts, and whereas it stays unavailable on centralized exchanges within the US, the newest fund would supply a method for buyers to realize publicity utilizing USD.
Following the event, Greg King, CEO of Osprey Fund, commented,
“At Osprey, we’re dedicated to bridging the hole between conventional finance and digital property, providing funding options for these trying to take part within the generational transformation enabled by blockchain know-how. The launch of the Osprey BNB Chain Belief underscores our give attention to offering entry to premier crypto property.”
Beforehand provided by way of personal placement, the Osprey BNB Chain Belief is now accessible to a broader viewers by way of the OTCQX market.
Confirming the information, Binance co-founder and former CEO Changpeng “CZ” Zhao additionally tweeted,
“$OBNB. The primary publicly-quoted U.S. $BNB fund! This was completed with no involvement from me. I solely discovered about it a few days in the past. Robust group!”
BNB Ecosystem So Far
On the time of writing, BNB is the fifth-largest crypto asset by market cap. It reached an all-time excessive above $780 within the first week of December amid a broader market rally. The worth has since undergone minor correction and is at the moment close to $702. BNB was nonetheless up by greater than 182% over the previous 12 months.
Regardless of this bullish momentum on the worth entrance, BNB Chain confronted a surge in sandwich assaults in November, with a report 35.5% of its blocks affected. These assaults, involving MEV strategies like front-running, exploited the chain’s decentralized change (DEX) transparency, impacting 43,400 merchants.
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Osprey Funds, LLC, a U.S.-based crypto funding agency, has introduced that the Osprey BNB Chain Belief is now publicly quoted on the OTCQX® Finest Market.
Curiously, the fund occurs to be the primary within the US to supply publicity to BNB, the native token of the BNB Chain ecosystem. It goals to supply a approach for buyers to entry the cryptocurrency by way of conventional brokerage and IRA accounts.
BNB Positive aspects US Accessibility
In its official press launch this week, Osprey highlighted that BNB underpins numerous decentralized functions, DeFi protocols, and sensible contracts, and whereas it stays unavailable on centralized exchanges within the US, the newest fund would supply a method for buyers to realize publicity utilizing USD.
Following the event, Greg King, CEO of Osprey Fund, commented,
“At Osprey, we’re dedicated to bridging the hole between conventional finance and digital property, providing funding options for these trying to take part within the generational transformation enabled by blockchain know-how. The launch of the Osprey BNB Chain Belief underscores our give attention to offering entry to premier crypto property.”
Beforehand provided by way of personal placement, the Osprey BNB Chain Belief is now accessible to a broader viewers by way of the OTCQX market.
Confirming the information, Binance co-founder and former CEO Changpeng “CZ” Zhao additionally tweeted,
“$OBNB. The primary publicly-quoted U.S. $BNB fund! This was completed with no involvement from me. I solely discovered about it a few days in the past. Robust group!”
BNB Ecosystem So Far
On the time of writing, BNB is the fifth-largest crypto asset by market cap. It reached an all-time excessive above $780 within the first week of December amid a broader market rally. The worth has since undergone minor correction and is at the moment close to $702. BNB was nonetheless up by greater than 182% over the previous 12 months.
Regardless of this bullish momentum on the worth entrance, BNB Chain confronted a surge in sandwich assaults in November, with a report 35.5% of its blocks affected. These assaults, involving MEV strategies like front-running, exploited the chain’s decentralized change (DEX) transparency, impacting 43,400 merchants.
Binance Free $600 (CryptoPotato Unique): Use this hyperlink to register a brand new account and obtain $600 unique welcome supply on Binance (full particulars).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this hyperlink to register and open a $500 FREE place on any coin!
