The New York Stock Exchange Chose This Network for Stock Trading: Its Altcoin Rose 8 Percent
Original headlineNew York Borsası Hisse Takası İçin Bu Ağı Seçti: Altcoini Yüzde 8 Yükseldi
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The New York Stock Exchange has selected Avalanche as the settlement and record-keeping infrastructure for its planned digital equities platform, sending the network's AVAX token up 8% in 24 hours at the time of reporting. The endorsement matters as a major traditional-exchange validation of a layer-1 blockchain for core market plumbing, following similar tokenization moves across Wall Street. Traders will watch whether AVAX holds the gain and how quickly NYSE's digital securities venue moves from plan to live trading.
Muhabbit's AI wrote this summary in its own words from Koinbülteni's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Avalanche (AVAX), New York Stock Exchange, AVAX (AVAX), CoinDesk, Selim Kuşçu
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