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NYSE Selects Avalanche Blockchain to Settle Its Tokenized Stock Platform

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

The New York Stock Exchange has chosen the Avalanche blockchain as the settlement layer for its planned tokenized stock trading platform. This move represents one of the largest traditional financial institutions integrating blockchain technology into its core operations.

WHY IT MATTERS

Think of the stock market like a giant marketplace where people buy and sell pieces of companies.

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SOURCES

  • decrypt.co

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AVAXTokenizationTraditional FinanceAvalancheStock MarketInstitutional Adoption