Business1 source
NYSE Picks Avalanche for Tokenized Stock Settlement
Headline from The Defiant
Key points
- The New York Stock Exchange plans to use the Avalanche blockchain network for tokenized stock settlement.
- Pending regulatory approval, the proposed trading venue aims to retain the exchange's existing Pillar matching engine.
- The system intends to offer users instant transaction settlement alongside stablecoin funding options for trading traditional equity products on-chain.
Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.
Coins mentioned
Sources
- The DefiantNYSE Picks Avalanche for Tokenized Stock Settlement · 1 hour agoRead on The Defiant
Story timeline
- The Block1 min read
NYSE to settle tokenized stocks on Avalanche in planned 24/7 market
- CoinDesk1 min read
NYSE picks Avalanche to settle tokenized stocks amid Wall Street's blockchain race
- Crypto Briefing1 min read
NYSE puts Avalanche at the center of its tokenized stock settlement push
- The Defiant1 min read
AVAX Falls 28% in Four Weeks, Lagging Bitcoin and Ether
- Crypto Briefing1 min read
Avalanche’s tokenized asset base tops $1.7 billion as BUIDL swings and Axiym sets a record
Share
Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.