B2C2, a cryptocurrency over-the-counter company, launches gold derivatives settled in bitcoin

According to The Block, London-based cryptocurrency over-the-counter (OTC) company B2C2 has launched a new gold derivative product that is priced and settled in bitcoin (BTC). Max Boonen, founder and CEO of B2C2, said, “Customers trade one ounce of bitcoin-denominated gold (the smallest transaction size) and its derivatives are settled in bitcoin.”