✔ VERIFIED First reported by WSJ · Nov 9, 13:05 UTC · updated Nov 9, 17:15 UTC

NYSE Picks Avalanche to Settle Tokenized Stock Trades on Planned 24/7 Venue

NYSE has chosen all settlement to take place on Avalanche alone, while the stocks themselves can still be listed on a range of blockchains.

Common to all reports: NYSE · Settle Tokenized Stock · Avalanche · Picks · 24

Confirmed by 11 sources

• WSJ (major outlet · US) · Nov 9, 13:05 UTC · read at the source
• CoinDesk (crypto newsroom · US) · Nov 9, 13:40 UTC · read at the source
• Crypto.news (crypto newsroom · International) · Nov 9, 13:40 UTC · read at the source
• CoinGape (crypto newsroom · US) · Nov 9, 14:02 UTC · read at the source
• The Block (crypto newsroom · US) · Nov 9, 14:07 UTC · read at the source
• The Defiant (crypto newsroom · US) · Nov 9, 14:25 UTC · read at the source
• Bitcoin.com News (crypto newsroom · US) · Nov 9, 14:42 UTC · read at the source
• Decrypt (crypto newsroom · US) · Nov 9, 15:49 UTC · read at the source
• Unchained (crypto newsroom · US) · Nov 9, 15:55 UTC · read at the source
• Tokenist (auto) (other outlet (not yet rated) · International) · Nov 9, 16:38 UTC · read at the source
• CryptoPotato (crypto newsroom · Europe) · Nov 9, 17:15 UTC · read at the source

Tags: Regulation, Markets, AVAX

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