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#Alternative trading system

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NYSE Taps Avalanche for Tokenized Stock Settlement Amid Wall Street Blockchain Race
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NYSE Taps Avalanche for Tokenized Stock Settlement Amid Wall Street Blockchain Race

Key Highlights The New York Stock Exchange (NYSE) plans to use the Avalanche ($AVAX) blockchain as the central clearing and settlement ledger for its upcoming tokenized stock trading platform. Operating through an NYSE-affiliated alternative trading system (ATS), the multi-chain platform aims to offer 24/7 trading and settlement, subject to regulatory approval. Avalanche’s native token ($AVAX) ...

NYSE Parent ICE Names Avalanche for 24/7 On-Chain Trading Platform
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NYSE Parent ICE Names Avalanche for 24/7 On-Chain Trading Platform

Key Highlights Intercontinental Exchange (ICE), parent of the New York Stock Exchange, is developing an alternative trading system (ATS) for 24/7 on-chain trading and has publicly identified Avalanche as a leading blockchain candidate. ICE executive Michael Blaugrund stated Avalanche “checks a lot of those boxes” and the firm is “very engaged with the team,” marking ...