NYSE Taps Avalanche to Settle Its Planned Tokenized Stock Platform

Bullish-20.42%
9 Nov, 15:49
Source: Decrypt

AI Summary

Avalanche selected as core ledger technology for an NYSE-affiliated clearing firm to enable 24/7 on-chain trading and settlement of tokenized securities.

Ava Labs said Avalanche will serve as the “core ledger technology” for the clearing firm behind the NYSE-affiliated venue, which aims to bring 24/7 trading, clearing and settlement of tokenized securities onchain.