{"id":49900,"date":"2021-09-21T19:57:18","date_gmt":"2021-09-21T16:57:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49900"},"modified":"2025-09-02T15:00:50","modified_gmt":"2025-09-02T12:00:50","slug":"osprey-funds-launches-polygon-based-trust","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/osprey-funds-launches-polygon-based-trust\/","title":{"rendered":"Osprey Funds launches Polygon-based trust"},"content":{"rendered":"<p>The digital assets manager Osprey Funds launched a Polygon (MATIC)-based trust, according to a <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210921005388\/en\/Osprey-Funds-Launches-First-Ever-Polygon-Fund-in-US\">press release<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The new financial instrument is available to accredited investors in the U.S. market. The minimum investment threshold is $10,000.<\/p>\n<p>According to company representatives, this is the first such product in the United States based on Polygon. The trust&#8217;s securities will appear \u00absoon\u00bb on the OTCQX, over-the-counter market, operated by OTC Markets Group.<\/p>\n<p>There will be no 2.5% management fee charged to investors until January 2023.<\/p>\n<p>Polygon (MATIC) has a market capitalization of $7.6 billion. The asset sits at 23rd on CoinGecko&#8217;s ranking. Over the past 24 hours, MATIC declined 6.2% amid broad market declines.<\/p>\n<p>Earlier in July, Osprey Funds <a href=\"https:\/\/u1f987.com\/en\/news\/osprey-funds-files-form-10-with-the-sec-to-register-bitcoin-trust-obtc\">filed<\/a> with the SEC an application to register a Bitcoin trust.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full feed of news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Osprey Funds has launched a Polygon-based trust.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Osprey Funds launches a Polygon-based trust.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[2213,1264],"class_list":["post-49900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-osprey-funds","tag-polygon-matic"],"aioseo_notices":[],"amp_enabled":true,"views":"65","promo_type":"1","layout_type":"1","short_excerpt":"Osprey Funds launches a Polygon-based trust.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49900"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49900\/revisions"}],"predecessor-version":[{"id":49901,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49900\/revisions\/49901"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}