Avalanche Powers Breakthrough NYSE Stocks Worth $4.63B

The New York Stock Exchange has moved tokenized equities closer to mainstream infrastructure, selecting Avalanche as the settlement ledger for its affiliated tokenized securities platform. Announced by Ava Labs on November 9, it places a public blockchain at the center of an institutional experiment that could reshape clearing. Avalanche will provide core ledger technology to the clearing firm supporting an upcoming NYSE-affiliated digital alternative trading system (ATS). Designed for 24/7 trading, clearing, and settlement, subject to regulatory approval, the platform will support equities issued across multiple blockchains, with Avalanche as the record where trades settle.