The cryptocurrency company BTC has been approved for trading on OTC Markets in the United States, with its first trading day set for December 8 under the ticker XBTAF.

The company's B-share is already primarily listed on the Spotlight Stock Market in Sweden and is also traded on the Frankfurt Stock Exchange.

The listing on OTC Markets aims to boost liquidity and make it easier for American investors to access the stock through their regular trading platforms.

"By adding trading on OTC Markets in the US, we are significantly broadening our investor base and creating conditions for stronger liquidity in our share," said CEO Christoffer De Geer.