NYSE Affiliate to Utilize Avalanche Blockchain for Tokenized Securities Settlement
The New York Stock Exchange (NYSE) has announced that its upcoming affiliated Alternative Trading System (ATS) will utilize the Avalanche blockchain. This new digital platform is designed to provide institutional-scale infrastructure specifically for the trading and onchain settlement of tokenized equities. In addition to this fintech development, the NYSE pre-market update highlighted significant growth in the AI sector with Spines securing $64 million in funding. The exchange also noted participation from major electric utilities like Fortis and Edison International at the 61st EEI Financial Conference.
Topics: AI_publishing blockchain energy_sector ETF_launch tokenized_securities
Read the full article at PR Newswire
Part of the story NYSE Affiliate to Utilize Avalanche Blockchain for Tokenized Securities Settlement (2 articles)