NYSE picks Avalanche for tokenized stock settlement
In short
The New York Stock Exchange has chosen Avalanche to handle settlement for its planned blockchain stock market.
What the reporting says
The move places Avalanche in a central role for settling tokenized stocks. The report frames the choice as part of Wall Street’s blockchain race, but gives no launch date or trading volume.
Why it matters
NYSE has selected Avalanche as the core settlement ledger for its planned blockchain stock market. The brief places Avalanche at the center of tokenized stock settlement, tying the network to a major exchange initiative.