Well, that was definitely not on my radar today. Traditional finance picking a public chain for actual stock settlements is a massive deal, even while the rest of the room is frozen in fear.
News dropped via cointelegraph.com that the NYSE selected Avalanche to help handle settlement for a planned tokenized stock platform. $AVAX jumped up to 10% right after the announcement.
What gets me is the backdrop here. The total value of all coins is down 3.29% over 24 hours to $2.51T, and the fear index is sitting clear down at 29. While retail is stressing over every red candle, big players are still quietly building out real infrastructure.
Does a real-world deal like this make you want to pick up utility tokens, or are you staying on the sidelines until things settle?
NFA | DYOR #BinanceSquare #WriteToEarn #Crypto #CryptoNews #Binance
News dropped via cointelegraph.com that the NYSE selected Avalanche to help handle settlement for a planned tokenized stock platform. $AVAX jumped up to 10% right after the announcement.
What gets me is the backdrop here. The total value of all coins is down 3.29% over 24 hours to $2.51T, and the fear index is sitting clear down at 29. While retail is stressing over every red candle, big players are still quietly building out real infrastructure.
Does a real-world deal like this make you want to pick up utility tokens, or are you staying on the sidelines until things settle?
NFA | DYOR #BinanceSquare #WriteToEarn #Crypto #CryptoNews #Binance