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Cryptocurrency News Articles
Osprey BNB Chain Trust Qualifies to Trade on OTCQX® Best Market
Dec 19, 2024 at 05:59 am
NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, announces Osprey BNB Chain Trust (OTCQX: OBNB), provides a simple and secure exposure to BNB, the native token of the BNB Chain ecosystem, has qualified to trade on the OTCQX® Best Market.
NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- A trust that provides a simple and secure exposure to BNB, the native token of the BNB Chain ecosystem, has qualified to trade on the OTCQX Best Market. Osprey BNB Chain Trust (OTCQX: OBNB) was previously privately-held.
Osprey BNB Chain Trust trades on OTCQX under the symbol "OBNB.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We're excited to welcome Osprey BNB Chain Trust to the OTCQX Best Market," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "This listing provides investors with convenient access to a trust offering exposure to BNB, an important token in the rapidly growing digital asset market."
Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
About Osprey BNB Chain Trust
The Osprey BNB Chain Trust offers simple and secure exposure to BNB, the native token of the BNB Chain ecosystem.
The BNB Chain is an innovative network for fast, secure, and affordable DeFi and dApps. BNB, the native token of BNB Chain, links with other networks and is designed for interoperability, smart contracts, and more.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX Best Market, OTCQB Venture Market and Pink Open Market.
Our OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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- The US Federal Reserve Cuts Interest Rates for the Third Time in a Row, but the Crypto Market Remains Unmoved
- Dec 19, 2024 at 10:45 am
- The U.S. Federal Reserve recently announced the nation's new interest rate. On December 18 during the last FOMC meeting of the year— Jerome Powell informed that interests would be slashed by another 25-basis-points.