🔷 NYSE put tokenized stocks on Avalanche
According to Ava Labs, Avalanche will serve as the underlying ledger for clearing and settlement on NYSE’s planned venue, which will trade 24/7.
The venue is designed for tokenized stocks and ETFs, with Avalanche providing recordkeeping and settlement. Launch will happen only after regulatory approval. This isn’t a “partnership for a press release”—it’s a settlement layer for the world’s leading exchange. Personally, I’m not looking at the $AVAX candle, but at the fact itself: Wall Street is moving on-chain. What does this mean for the market? AVAX rose about 8% in 24 hours, then fell. But “chosen” ≠ “launched.” It all comes down to the SEC.
The infrastructure is being built, while the market is only reacting for now.
Which blockchain do you think will capture the most tokenized stocks? 👇
#CryptoRay #AVAX
According to Ava Labs, Avalanche will serve as the underlying ledger for clearing and settlement on NYSE’s planned venue, which will trade 24/7.
The venue is designed for tokenized stocks and ETFs, with Avalanche providing recordkeeping and settlement. Launch will happen only after regulatory approval. This isn’t a “partnership for a press release”—it’s a settlement layer for the world’s leading exchange. Personally, I’m not looking at the $AVAX candle, but at the fact itself: Wall Street is moving on-chain. What does this mean for the market? AVAX rose about 8% in 24 hours, then fell. But “chosen” ≠ “launched.” It all comes down to the SEC.
The infrastructure is being built, while the market is only reacting for now.
Which blockchain do you think will capture the most tokenized stocks? 👇
#CryptoRay #AVAX
