In Brief:
- Osprey Funds, LLC has announced the formation of Osprey Alpha, LLC.
- Osprey Alpha is scheduled to launch its inaugural product, “the Osprey NFT Fund”, soon, in early 2022.
- Osprey has hired former Stocktwits executive and early NFT collector, Justin Paterno.
On 18 November, Osprey Funds, LLC, a leading digital asset management firm announced the formation of Osprey Alpha, LLC.
Osprey Alpha is launched to offer actively managed funds for institutions and high-net-worth investors. Osprey Alpha is scheduled to launch its maiden product, “the Osprey NFT Fund”, soon, in early 2022.
To manage the NFT fund, Osprey has hired former Stocktwits executive and early NFT collector, Justin Paterno, as the Managing Director and NFT Fund PM. In this position, Justin will plan and implement the NFT fund investment strategy.
Along with Justin, Ashley Levin has been brought on board as a Managing Director of Corporate Strategy to support the growth and expansion of business. Aga Kuplinska has also joined the team from Invesco as Senior Vice President of Product Development, where she will work on developing and pioneering new product initiatives.
In September, Osprey had launched the Osprey Solana Trust . With the addition of the Osprey NFT Fund which is a digital asset investment. A new product will join the list of several other innovative products that are already available for private placement, including the Osprey Algorand Trust, the Osprey Polygon Trust.
Moreover, Osprey Funds also offers the Osprey Bitcoin Trust (OBTC), the lowest-cost publicly traded bitcoin fund in the U.S.
