Osprey BNB Chain Trust
OOTC:OBNB18.50
USD
+0.62
(+3.47%)
CIK
1916101
ISIN
US68839V1052
CUSIP
68839V105
Return %
Stock
S&P 500
1Y
-36.21
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- Fairfield United States
- IPO Date
- Dec 11, 2024
- CIK
- 0001916101
- Similar Companies
- Business
- Osprey BNB Chain Trust is a Delaware statutory trust and digital asset investment vehicle sponsored and managed by Osprey Funds, LLC. The trust operates within the asset management and financial services sector, focusing on providing institutional and accredited individual investors with direct, regulated exposure to BNB, the native cryptographic token of the BNB Chain ecosystem. Founded in 2021 and headquartered in Fairfield, Connecticut, the trust enables market participants to invest in digital assets through standard brokerage accounts and tax-advantaged retirement vehicles such as Individual Retirement Accounts without the operational complexities and security risks associated with purchasing, transferring, and privately storing physical cryptocurrency tokens. The trust's primary product offerings and investment services encompass: publicly quoted investment trust shares traded on the over-the-counter market under the ticker symbol OBNB; fractional undivided beneficial interests directly backed by segregated holdings of BNB cryptocurrency; institutional-grade secure offline cold-storage custody solutions managed through regulated digital asset custodians; continuous secondary market liquidity mechanisms and quotation access via OTC Markets; and comprehensive fund administration, NAV calculation, financial auditing, and tax reporting services. In recent developments, the trust completed a formal rebranding from the Osprey Binance Smart Chain Trust to the Osprey BNB Chain Trust to reflect the underlying network's transition to the BNB Chain branding. Furthermore, sponsor Osprey Funds, LLC has engaged in strategic evaluations across its suite of digital asset investment trusts, exploring structural optimizations, fee restructuring, strategic partnerships, and potential fund reorganization alternatives to enhance shareholder liquidity and strengthen its competitive positioning within the expanding digital currency investment management industry.