Case Study: Osprey Funds achieves secure BNB custody and staking with BitGo

Osprey Funds secures BNB with BitGo and $250M insurance

Osprey Funds, an investment firm, launched the Osprey BNB Chain Trust (OBNB) to provide U.S. accredited investors with exposure to the BNB cryptocurrency via traditional brokerage accounts. Their challenge was finding a qualified custodian that could not only ensure regulatory compliance and secure custody for the assets but also provide access to institutional-grade staking to generate high-yield rewards. They partnered with BitGo Bank & Trust to address this need.

The solution from BitGo provided regulated qualified custody with segregated accounts, multi-signature technology, and a $250 million insurance policy. Through BitGo's integration with Global Stake, OBNB investors could seamlessly stake their BNB to earn rewards within the secure custody environment. This partnership with BitGo gave investors secure, direct exposure to BNB through a single, seamless platform protected by industry-leading standards.

Osprey Funds