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via coindesk.comTech & AI

NYSE picks Avalanche to settle tokenized stocks

FROM THE WIRE · COINDESK.COM

Avalanche will serve as the core settlement ledger for the exchange's planned blockchain stock market

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishChoosing Avalanche as settlement ledger is a notable step for stock tokenization.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Avalanche will serve as the core settlement ledger for the exchange.
  2. 02The ledger will support the planned blockchain stock market.
  3. 03The news comes amid Wall Street's blockchain race.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
AvalancheAVAXUSDCrypto8.88 USD+1.32%today +12.17%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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