Tokenized stocks and ETFs at 5% of market cap... NYSE affiliate adopts Avalanche settlement ledger
Original headline토큰화 주식·ETF 시총 5%…NYSE 계열, 아발란체 결제 원장 채택
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Avalanche's C-Chain accounted for roughly 5% of the tokenized stocks and ETFs market capitalization tracked by RWA.xyz as of November 8, according to The Block, a share reflecting on-chain issued equities and synthetic products tied to underlying share prices rather than trading volume or liquidity. Separately, an NYSE-affiliated platform selected Avalanche's ledger technology to support clearing and settlement for its digital alternative trading system (ATS). Ava Labs announced on November 9 that Avalanche technology would serve as a core component for the NYSE-affiliated ATS's clearing support firm. The dual developments signal growing institutional interest in Avalanche as settlement infrastructure for tokenized traditional assets. Watch for further disclosures on the ATS integration scope and whether Avalanche's share of tokenized equity market cap expands beyond the current 5%.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Avalanche (AVAX), NYSE, Ava Labs, The Block, RWA.xyz
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