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NYSE Chooses Avalanche to Revolutionize Tokenized Stock Settlement

NYSE Chooses Avalanche to Revolutionize Tokenized Stock Settlement

NYSE brings stocks to Avalanche, but bans direct wallets
NYSE brings stocks to Avalanche, but bans direct wallets

Avalanche will supply the proposed venue’s clearing ledger, while broker distribution predates the selection and regulatory approval remains required. Read the full story on CryptoSlateUnderstand...

NYSE picks Avalanche to settle tokenized stocks amid Wall Street's blockchain race
NYSE picks Avalanche to settle tokenized stocks amid Wall Street's blockchain race

Avalanche will serve as the core settlement ledger for the exchange's planned blockchain stock market

NYSE Picks Avalanche to Settle Tokenized Stock Trades on Planned 24/7 Venue
NYSE Picks Avalanche to Settle Tokenized Stock Trades on Planned 24/7 Venue

NYSE has chosen all settlement to take place on Avalanche alone, while the stocks themselves can still be listed on a range of blockchains.

NYSE Picks Avalanche for Tokenized Stock Settlement
NYSE Picks Avalanche for Tokenized Stock Settlement

The planned venue would retain NYSE’s Pillar matching engine while offering instant settlement and stablecoin funding, subject to regulatory approval.... Read the full story at The Defiant

Avalanche to Underpin NYSE Tokenized Securities Clearing Firm
Avalanche to Underpin NYSE Tokenized Securities Clearing Firm

Avalanche will provide ledger technology for an NYSE-affiliated clearing firm designed to support 24/7 trading and settlement of tokenized securities.

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