A Stegosaurus Skeleton Goes Public as Dinosaur Fossils Draw Investors – Casson Living – World News, Breaking News, International News

A Stegosaurus Skeleton Goes Public as Dinosaur Fossils Draw Investors – Casson Living – World News, Breaking News, International News

Investors Can Now Own a Piece of Dinosaur History

For those looking to diversify their investment portfolio, a rare opportunity has emerged with the stegosaurus skeleton known as “BCQ 24,” available for fractional ownership on the investment platform, Rally. With 200,000 shares priced at $68.75 each, this extraordinary dinosaur fossil is generating excitement within the burgeoning market of unique asset investments. As interest continues to grow, everything from fine art to collectibles is being fractionalized, and now the spotlight has shifted to dinosaur bones.

Rally’s Co-Founder Highlights the Appeal of Dinosaur Collectibles

Rob Petrozzo, co-founder of Rally, has observed the rising trend of treating dinosaurs as collectible assets. He underscores the enduring fascination that comes with owning a relic from an era over 150 million years ago. A recent record-breaking sale saw a stegosaurus named “Apex” purchased by billionaire Ken Griffin for an impressive $44.6 million, surpassing the previous record held by “Stan,” the T-Rex. This surge in popularity has led to eight dinosaur fossils fetching over $6 million each in recent transactions, particularly with interest from buyers in the Middle East and Asia.

The Discovery and Ongoing Excavation of “BCQ 24”

The story of “BCQ 24” began when fossil expert Thomas Lindgren uncovered evidence of the stegosaurus at Wyoming’s Bone Cabin Quarry and brought it to Rally’s attention. Initially, only a fraction of the skeleton had been excavated, but Rally decided to invest in this promising find. Now, with 69% of the bones recovered, Petrozzo expresses hope for further discoveries as the excavation progresses.

Engaging Investors with Updates and Opportunities

Investors who purchase shares in “BCQ 24” can look forward to regular updates on the excavation process, complete with photos, videos, and a detailed bone map highlighting new findings. Additionally, shareholders will have the exciting chance to vote on a new name for the fossil. Although there are concerns regarding the commercialization of rare dinosaurs potentially affecting academic research, Petrozzo is optimistic that private ownership can enhance public education through exhibitions in museums.

A New Direction for Rally and Future Investment Opportunities

Rally’s venture into dinosaur ownership signifies an exciting new phase for the company, which has previously offered shares in assets, including a triceratops skull. Looking ahead, Petrozzo envisions expanding into other unique investment opportunities, such as fractional ownership of sports teams. For investors eager to claim a piece of history, the future appears bright and full of potential.

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