NYSE Picks Avalanche to Settle Tokenized Stocks on Its 24/7 Platform
As seen on the 24/7 Wall St. homepage on November 9, 2026.
The most established exchange in the world picking a public chain for settlement rails hands Avalanche the credibility every layer-1 has been chasing, and it lands while Nasdaq builds its own always-on tokenized equities push.
BREAKING: New York Stock Exchange announces it will use the Avalanche blockchain to settle tokenized stock trades on its upcoming 24/7 trading platform.
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The New York Stock Exchange announced it will use the Avalanche blockchain to settle tokenized stock trades on its upcoming 24/7 trading platform. The choice of a public chain for settlement infrastructure is a significant departure from the closed, proprietary systems that have defined exchange technology for decades.
For Avalanche, the endorsement carries a weight few blockchain partnerships have matched. The NYSE is the most established exchange in the world, and having it embed a public layer-1 into core settlement rails gives Avalanche the institutional credibility the entire sector has been competing for.
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The timing sharpens the stakes further. Nasdaq is separately building its own always-on tokenized equities platform, meaning the two largest U.S. exchanges are now in a visible race to define how stocks trade around the clock. The chain NYSE chose to back gains a prominent seat at that table.
What to watch now is whether the NYSE announcement draws competing layer-1 blockchains into Nasdaq's orbit, and how traditional clearinghouses respond to a public chain taking on a role they have historically owned.