Grayscale Investments, the asset manager of the world’s largest bitcoin fund, announced that Bitcoin Cash Trust and Litecoin Trust are eligible to make deposits with Depository Trust Company, the world’s largest depository company.
Depository Trust Company (often abbreviated DTC) was founded in 1973 and is headquartered in New York. As of July 31, 2017, it contains $ 54.2 trillion in securities. By scanning the deposit scale, Grayscale also meets the listing requirements of major exchanges such as the New York Stock Exchange and Nasdaq.
On August 17, Grayscale announced that Bitcoin Cash Trust shares will be available in the OTC or OTC markets under the BCHG index. Litecoin Trust Stock will use LTCN feed.