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NYSE Taps Avalanche to Settle Its Planned Tokenized Stock Platform

Headline from Decrypt

Image: Decrypt

Key points

  • The New York Stock Exchange plans to use the Avalanche blockchain as the underlying core ledger technology for its upcoming tokenized stock platform.
  • According to Ava Labs, this project aims to enable continuous round-the-clock trading alongside onchain clearing and settlement operations for tokenized securities, bringing traditional stock market assets directly onto public blockchain infrastructure.

Summarized automatically by Kryptokite from reporting by Decrypt. Read the original sources for full detail.

Coins mentioned

Sources

  • DecryptNYSE Taps Avalanche to Settle Its Planned Tokenized Stock Platform · 9 minutes agoRead on Decrypt

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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