Originally reported November 11, 2026, at 18:55:54 UTC+08:00.
The New York Stock Exchange plans to use Avalanche as the core ledger technology for a tokenized securities platform being developed by its parent company, Intercontinental Exchange. Ava Labs announced the selection on Monday, according to Odaily’s report citing Decrypt. The platform remains subject to regulatory approval.
The planned platform would support round-the-clock trading, clearing and settlement. It would run on dedicated Avalanche infrastructure rather than the public C-Chain, which carries most activity on the network. Trading itself would remain off-chain.
GSR research analyst Carlos Guzman said the selection strengthened Avalanche’s institutional credibility. Luther Maday, Mercuryo’s North America lead, said the decision followed about a year of testing and indicated that the network had met checks for performance, reliability and control. Analysts cautioned that use of Avalanche infrastructure would not necessarily translate into a sustained rise in AVAX’s value; the token’s specific role in the dedicated infrastructure remained unclear.