Grayscale has met the requirements of Nasdaq and NYSE to qualify for OTC trading
Grayscale Investments, which is known all over the world for having the biggest Bitcoin trust has declared that people can now invest in BCH and LTC through its Bitcoin Cash Trust and Litecoin Trust with the option of making deposits at the Depository Trust Company. Grayscale chose the biggest securities depository to match its standard.
The Depository Trust Company, also known as DTC, originated from New York in 1973. The total securities it was managing by the end of July 2017 was about $54.2 trillion. Having succeeded in being accepted by the Depository Trust Company, Grayscale has automatically passed the test of being listed by the New York Stock Exchange and the Nasdaq.
Grayscale officially made it known today (Aug 17) that investments in Bitcoin Cash Trust can now be done over the counter, just like Litecoin Trust. Their shares will be represented with the ticker symbols, BCHG and LTCN respectively.