POPA ReconNYSE Eyes Avalanche for 24/7 Onchain Trading
NYSE Eyes Avalanche for 24/7 Onchain Trading NYSE is weighing Avalanche as the settlement layer for a 24/7 onchain trading platform its parent ICE is building for tokenized securities. The venue would list tokenized securities that trade around the clock, pairing NYSE's Pillar matching engine with onchain settlement so stocks can change hands against stablecoins at any hour. NYSE executive Michael Blaugrund said Avalanche "checks a lot of those boxes for us, so we're very engaged with the team," while framing the work as an evaluation of an alternative trading system that is still in develop…
The excerpt is quoted from a public Telegram channel, which owns its text.