Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is evaluating Avalanche as the blockchain infrastructure for its planned 24/7 on-chain trading platform for tokenized securities. The platform aims to enable round-the-clock trading of tokenized stocks and ETFs with on-chain settlement and stablecoin transactions. ICE's Vice President Michael Blaugrund noted Avalanche meets many key requirements like performance and interoperability, but no formal contract has been signed yet. This evaluation highlights a potential major institutional use of public blockchain in traditional securities markets if ICE proceeds with Avalanche.
Avalanche (AVAX) trades at Rp143.341 on Pluang as of Sep 18, 2026 22:21 WIB, up 7.36% in one day. The market cap stands at Rp63,81 trillion with a 24-hour volume of Rp8,09 trillion. Sell orders dominate at 58%, while typical holding time is 86 days, showing active investor interest during this evaluation period.
Avalanche's AVAX token surged to $8.30 after breaking out of a triangle pattern but has since pulled back to around $7.20, putting the $6.50–$7.00 support zone in focus. The price remains above key moving averages, signaling some bullish strength, wh...
Hyundai successfully tested a $20,000 cross-border payment using Avalanche's blockchain, reducing transfer time from hours to about seven minutes. This pilot, involving Hyundai Card and partners like Tether and Axiom, used stablecoins rather than AVA...
Avalanche has partnered with UAE PASS, the UAE's official digital passport system used by over 12 million people, to provide blockchain verification for government documents. This collaboration allows users to securely store and transfer verified doc...
The UAE has migrated its UAEPASS digital identity platform, serving 12.5 million citizens, to Avalanche's dedicated layer 1 blockchain. This upgrade enhances the system's scalability, reliability, and performance by handling only UAE-related traffic ...
Avalanche blockchain technology will underpin the UAEPASS Digital Vault, part of the UAE's national identity platform used by 12.5 million people. The upgrade, led by Deca4 in coordination with the UAE's Telecommunications and Digital Government Regu...
