Express

Asset Management Company Osprey Funds Launches The First Solana Trust Product In The United States

Mary Liu

Summary: Crypto asset management company Osprey Funds today announced the launch of Osprey Solana Trust, a trust product for private equity.  Osprey said that this is the first investment product in the United States that specifically invests in SOL, which is the native token of the high-speed blockchain Solana.  Osprey Solana Trust is currently available for ...

Crypto asset management company Osprey Funds today announced the launch of Osprey Solana Trust, a trust product for private equity. 

Osprey said that this is the first investment product in the United States that specifically invests in SOL, which is the native token of the high-speed blockchain Solana

Osprey Solana Trust is currently available for subscription by accredited investors, with a minimum investment of $10,000. The sponsor intends to list the fund on the OTCQX market as soon as possible and agrees to waive all investors’ management fees before January 2023. 

Osprey Solana Trust following Osprey Bitcoin Trust, Osprey Polkadot Trust, and Osprey Algorand Trust becomes the company's fourth crypto product launched this year. 

By Mary Liu

  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 13 hours ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 15 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 22 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 26 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 29 days ago
  • You need to login to comment.