Polkadot Gets New Trust Product through Osprey Funds

Polkadot Gets New Trust Product through Osprey Funds

By Novasky | CryptoEd | 29 Apr 2021


Every month we are getting some good news from the Polkadot network about it's adoption in the various CeFi and DeFi market. Previously Polkadot was listed as an instrument in one of the popular CeFi market.

Osprey Funds recently announced that they are releasing the new trust product based on Polkadot. It has taken the press by storm and it seems like the investment opportunities are slowly increasing for the Polkadot. 

The official twitter account of the Osprey Funds has also started updating the Polkadot product data everyday which you can track from their account. 

 

 

What this means for the Polkadot Community?

 

Polkadot is slowly growing into the DeFi and CeFi market. It may take time for it to be adopted by various govt backed crypto teams and the decentralized markets around the world. 

Financial market has been eyeing on the Polkadot and Kusama network ever since the Binance heavily invested into the Polkadot community since last December.  

You can expect the Polkadot to be getting more Financial Products and the stablecoin backed investment options in near future. It'd be interesting to see how the Polkadot stands the demand of growing community and how it scales it's performance. 


Novasky
Novasky

Crypto Blogger and Open Source Developer.


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