Fonts can be easily made from graphics files, so png to otf conversion is certainly possible. Your best option would be some dedicated font editor or conversion program, something like BitFonter. Of course not every PNG is suitable for making new fonts.
Home > Search converters: png to otf
Conversion of png file format to otf file format beta
Search for png to otf converter or software able to handle these file types.
Convert Portable Network Graphic file to OpenType font file format.
We have found 2 software records in our database eligible for .png to .otf file format conversion.
Microsoft Windows software 
- convert png to otf on Windows
BitFonter
A bitmap font editor
File extension | Convert | Open | Save | Edit | Create | Import | Export | Extract |
|---|---|---|---|---|---|---|---|---|
Convert from png file | No | No | No | No | No | Yes | No | No |
to otf file | No | No | No | No | No | No | Yes | No |
The tables with software actions are a good pointer for what a certain program does with various file types and often may give users a good hint how to perform certain file conversion, for example the above-mentioned png to otf. However, it is not perfect and sometimes can show results which are not really usable because of how certain programs work with files and the possible conversion is thus actually not possible at all.
Apple macOS / Mac OS X software 
- convert png to otf on OS X
BitFonter for Mac
A bitmap font editor
Additional links: Open png file, Open otf file
PNG
Files with png extensions are commonly used for Portable Network Graphic files. PNG is a bitmap image mainly used on web pages.
OTF
Files with otf file extension can be most typically encountered as fonts saved in the OpenType font format which has been developed by Microsoft and Adobe.
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