JAKARTA - Osprey Funds as a company engaged in digital investment in collaboration with Polkadot (DOT) in releasing Osprey Polkadot Trust as a personal storage.
Previously, the company had presented a personal storage service for Bitcoin called Osprey Bitcoin Trust. Polkadot's own cryptocurrency market capitalization has reached 31 billion US dollars. Polkadot became the 8th largest cryptocurrency by market capitalization.
Greg King, CEO of Osprey, said he plans to launch the program in an interesting way. Osprey decided to partner with Polkadot cryptocurrency to launch the program.
"We wanted to launch something first into the market in the most interesting way possible, (we) found Polka dot (as a cryptocurrency) that met those criteria," King said in a statement.
"It (Polka dot) is very similar to Ethereum as an ecosystem, but more broadly, (Polka dot) seeks to create a multi-chain universe, where blockchains can communicate with each other," he added.
He also added that Polkadot has good potential as a cryptocurrency. King explained that in polkadot network there are 100 rooms for 100 projects of any type. All of them can communicate with each other, including with other cryptocurrencies, as reported by ETF Express.
Polkadot co-founder Dr Gavin Wood said the Osprey Polkadot Trust would be available to accredited investors when investing at least $25,000. This collaboration is a momentum for Polkadot in expanding its network.
Launching Bitcoin News, Gavin Wood aims to build a multi-chain that connects more scalable, secure, and affordable to support dApps. So far, Wood's success has been seen because DOT has been able to attract investors and a number of projects.
Today Polkadot has become the crypto money with the 8th largest market capitalization among other cryptocurrencies. It seems that this cryptocurrency that has the nickname "Ethereum Killer" has ambitions beyond Ethereum.
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