Ava Labs announced that Avalanche will provide the core ledger infrastructure for an upcoming NYSE-affiliated platform for tokenized U.S. securities. The platform is intended to support round-the-clock trading and settlement; it has not launched. NYSE said it chose Avalanche for its settlement performance, predictable costs and ability to control participation to meet regulatory and operational requirements. The platform is expected to support equities listed on multiple blockchains, while Avalanche will record and settle trades.
