NYSE picks Avalanche for tokenized stocks, with traditional order matching and onchain settlement "It's interesting that the New York Stock Exchange itself is planning a…

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NYSE picks Avalanche for tokenized stocks, with traditional order matching and onchain settlement "It's interesting that the New York Stock Exchange itself is planning a tokenized stock platform. But…

NYSE picks Avalanche for tokenized stocks, with traditional order matching and onchain settlement "It's interesting that the New York Stock Exchange itself is planning a tokenized stock platform. But it's also interesting because the parent of the New York Stock Exchange is ICE, which has already announced OKXICE, which is a tokenized stock platform." "NYSE will use a custom Avalanche-based blockchain rather than Avalanche's public chain, which is interesting because that was the original sort of promise of Avalanche." "NYSE's Pillar engine will match orders. The blockchain infrastructure will support clearing and settlement. And this is subject to regulatory approval." "OKXICE works like a decentralized exchange through liquidity pools. This is actually different because the NYSE's engine will match orders much like a traditional exchange."

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