NYSE selects Avalanche blockchain to settle tokenized stocks on 24/7 platform

Briefing by News4U · First published 2026-11-09 18:31:04 UTC

The New York Stock Exchange will use the Avalanche blockchain to settle tokenized stocks on its planned 24/7 trading platform, with Dennis Lee, head of digital issuance at NYSE, saying Avalanche meets needs for speed, reliability, cost predictability and developer community. AVAX rose as much as 10% and later eased to $8.86, up over 8%, with a market cap of around $3.95 billion. The platform could launch before the end of 2026 if it receives regulatory approval. [1] [2] [3]

Sources

1. NYSE to Settle Tokenized Stocks on Avalanche Blockchain

   WSJ Markets · 2026-11-09 13:05:00 UTC · Summary only

2. NYSE picks Avalanche to settle tokenized stocks amid Wall Street's blockchain race

   CoinDesk · 2026-11-09 13:40:06 UTC · Summary only

3. Avalanche’s AVAX leads crypto gains following NYSE tokenization deal

   Cointelegraph · 2026-11-09 17:41:02 UTC · Full text

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