Osprey Funds Inaugurates Osprey Polkadot Trust For Private Placements
CoinEdition
Published Apr 29, 2021 02:27PM ET
Osprey Funds Inaugurates Osprey Polkadot Trust For Private Placements
Osprey Funds LLC is launching Osprey Polkadot Trust, enabling users to invest exclusively in DOT, the Polkadot network’s native token. To support the platform, Osprey has partnered with Coinbase, which will serve as the fund’s custodian.
Osprey Unveils Its Second Fund For Accredited Investors
Osprey Funds LLC, a digital investment specialist, and the team behind the Osprey Bitcoin Trust (OBTC), have launched the market’s first Polkadot-specific offering. The first of its kind, Osprey Polkadot Trust provides accredited investors with a simple and cost-effective means of acquiring DOT, Polkadot’s native token.
DOT is one of the world’s fastest-growing blockchain tokens, with a market cap of over $31 billion, ranking among the top ten cryptocurrencies at present. The Polkadot network enables Web 3.0 access while maintaining interoperability, scalability, customizability, security, and self-governance.
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