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NYSE Selects Avalanche Blockchain for Tokenized Stock Settlement

(2 hours ago) · 1 source · Summarized by CryptoBipto

The New York Stock Exchange has reportedly chosen the Avalanche blockchain as the infrastructure for settling tokenized stocks. This would represent one of the most significant integrations of traditional financial markets with blockchain technology to date.

WHY IT MATTERS

The New York Stock Exchange is the biggest stock market in the world, where trillions of dollars worth of shares are traded.

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SOURCES

  • thedefiant.io

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AVAXTokenized SecuritiesInstitutional AdoptionAvalancheTraditional FinanceStock Settlement