The New York Stock Exchange (NYSE) selected the technology of #Avalanche to record and settle trades on a new tokenized stock platform, Ava Labs, the company developing this network, announced. The project aims to enable trading 24 hours a day, seven days a week.
Tokenized stocks are digital versions of shares recorded on a blockchain. The proposal aims to make the delivery of shares and money immediate, without relying on regular market hours.
The platform is being developed by an entity linked to #NYSE and still requires the relevant regulatory approvals.
$AVAX
Tokenized stocks are digital versions of shares recorded on a blockchain. The proposal aims to make the delivery of shares and money immediate, without relying on regular market hours.
The platform is being developed by an entity linked to #NYSE and still requires the relevant regulatory approvals.
$AVAX
