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via theblock.coTech & AI

NYSE picks Avalanche to settle tokenized stocks in planned 24/7 market

FROM THE WIRE · THEBLOCK.CO

NYSE picked Avalanche to supply the core ledger technology for the clearing firm of its affiliated tokenized-securities platform.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRelevant technology choice for tokenized securities, with limited direct price effects.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01NYSE selected Avalanche for the core ledger of its clearing firm.
  2. 02The plan covers its affiliated tokenized-securities platform.
  3. 03The planned market would operate 24/7.

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