ChainCatcher message, Osprey Funds announces the launch of the Osprey BNB Chain Trust fund (ticker: $OBNB), which is listed and traded on the OTCQX market.
This is the first publicly traded BNB-based fund in the United States. The fund provides U.S. investors with the opportunity to access BNB through traditional brokerage accounts or IRA accounts, which is one of the few ways to invest given that BNB cannot be traded on centralized exchanges in the U.S. BNB, as the native token of the BNB Chain, is fundamental to decentralized applications, DeFi protocols, and smart contracts.