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NYSE Taps Avalanche for Planned Tokenized-Stock Settlement

Ava Labs said Avalanche will provide the core ledger technology for the clearing firm behind a planned NYSE-affiliated tokenized securities platform. The platform is designed for 24/7 trading, clearing and settlement, but it remains subject to regulatory approval. The planned ledger would record and settle trades, while the platform would support equities listed across a range of blockchains.

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