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NYSE Selects Avalanche Blockchain for Tokenized Stock Trading

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

The New York Stock Exchange has reportedly chosen the Avalanche blockchain to support tokenized stock trading. Following the announcement, the AVAX token rose approximately 10% in value.

WHY IT MATTERS

The New York Stock Exchange is one of the largest and most well-known stock exchanges in the world.

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SOURCES

  • cryptonews.com

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AVAXTokenized SecuritiesInstitutional AdoptionAvalancheTraditional FinanceNYSE