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NYSE Chooses Avalanche for Tokenized Stock Settlement

Platform launch planned by year-end, pending SEC approval

№ 1652Published 1 min read

New York Stock Exchange has chosen Avalanche for settlements on its tokenized stock platform. The exchange expects to launch it by year-end, but the plan depends on SEC approval.

CoinGape reports that Avalanche will be the settlement network for digital stocks. The launch timeline remains a plan contingent on the regulator’s decision.

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NYSE Chooses Avalanche for Tokenized Stocks | $uicideChain