Back to news
AdoptionHigh impact — Significance is rated automatically and is not a price signal.
NYSE Plans to Settle Tokenized Stocks on Avalanche Blockchain for 24/7 Trading
(3 hours ago) · 1 source · Summarized by CryptoBipto
The New York Stock Exchange has announced plans to settle tokenized stocks using the Avalanche blockchain, aiming to enable around-the-clock trading. This would represent a significant shift from traditional stock market hours and settlement processes by leveraging blockchain technology.
WHY IT MATTERS
The New York Stock Exchange is the biggest stock exchange in the world, so any move it makes carries significant weight.
Read the full analysis with a CryptoBipto membership
Members read why every story matters and the full analysis behind it.
SOURCES
- theblock.co
RELATED
AVAXTokenized SecuritiesTraditional Finance IntegrationAvalancheStock Market InfrastructureReal-World Assets
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- What is cryptocurrency, and how does it work?A simple explanation of cryptocurrency, blockchains, coins, tokens, mining and staking, with a definition page for every term used.
- What are stablecoins, NFTs and tokenized assets?What stablecoins are and how they hold a steady value, what an NFT represents, and what it means to tokenize a real-world asset.