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NYSE Selects Avalanche Blockchain to Settle Tokenized Stocks
(3 hours ago) · 1 source · Summarized by CryptoBipto
The New York Stock Exchange has reportedly chosen the Avalanche blockchain to settle tokenized stocks. The move comes as major Wall Street institutions increasingly explore blockchain technology for securities settlement. This represents a significant step in the integration of traditional finance infrastructure with public blockchain networks.
WHY IT MATTERS
The New York Stock Exchange is one of the biggest places in the world where people buy and sell stocks.
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SOURCES
- coindesk.com
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AVAXTokenizationInstitutional AdoptionSecurities SettlementTraditional FinanceAvalanche
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