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NYSE tests Avalanche blockchain for tokenized stock settlement, pending regulatory approval.

Market News
09 Nov 2026, 14:35 WIB
Crypto Briefing
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Bullish
NYSE tests Avalanche blockchain for tokenized stock settlement, pending regulatory approval.

The New York Stock Exchange (NYSE) and its parent company, Intercontinental Exchange (ICE), have spent about a year testing Avalanche blockchain technology to settle tokenized US equities and ETFs. The testing showed promising performance and integration with existing systems, but no final blockchain choice has been made yet. The NYSE aims to enable 24/7 trading, immediate settlement, and stablecoin funding, all subject to regulatory approval. The platform is designed to support multiple blockchains, and major transfer agents have joined the initiative, but the final decision awaits regulatory clearance.

The New York Stock Exchange's exploration of Avalanche blockchain technology is presented here with Pluang's cryptocurrency market data as of Nov 09, 2026 19:03 WIB. For readers following digital assets, the breadth of 50 major cryptocurrencies shows 11 rising and 38 falling today. Notable movers include UNI at Rp122.782 with a 3.75% decline and a typical hold time of 66 days, SOL at Rp1.558.144 down 3.70% with 69% buy order activity, and ALGO at Rp1.660 down 3.60%, with a typical hold time of 131 days.

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