The New York Stock Exchange will carry out the settlement of tokenized stocks via Avalanche
Original headlineNew York Borsası, tokenlaştırılmış hisse senetlerinin mutabakatını Avalanche üzerinden gerçekleştirecek
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The New York Stock Exchange said Monday that its forthcoming 24/7 trading platform will settle tokenized equities exclusively on the Avalanche blockchain. The announcement names Avalanche as the sole settlement venue for NYSE's tokenized shares, though the exchange did not disclose a launch date or the number of securities initially involved. The move matters because it ties a major traditional exchange's digital-asset ambitions to a single public blockchain, potentially concentrating settlement flows on Avalanche and pressuring rival networks competing for institutional tokenization business. It also signals that the NYSE intends to keep trading and settlement within one chain rather than a multi-network model. What to watch next: the platform's launch timing, which securities and trading volumes it will cover, and whether other exchanges follow with single-chain settlement commitments of their own.
Muhabbit's AI wrote this summary in its own words from Ekonomim'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
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