As reported by Odaily on 11 November 2026, citing Decrypt, the New York Stock Exchange is to adopt Avalanche as the core ledger technology for a planned tokenized securities platform. Ava Labs said on Monday that the platform is being developed by Intercontinental Exchange, the NYSE’s parent. It is intended to support trading, clearing and settlement around the clock and still requires regulatory approval.
GSR research analyst Carlos Guzman said the selection adds to Avalanche’s institutional credibility. Luther Maday, North America head at crypto payments company Mercuryo, said the decision followed about a year of testing and showed the network had passed checks on performance, reliability and control.
The platform is to run on dedicated Avalanche infrastructure, not the public C-Chain that carries most network activity, and trades will still be executed off-chain. Analysts said an infrastructure use does not necessarily produce a long-term rise in AVAX, and that the token’s specific role in the dedicated setup remains worth watching.
The reported design places the ledger on infrastructure set aside for the platform rather than on the public chain. Because execution stays off-chain and approval is still outstanding, the announcement does not establish who will custody assets, who will hold legal title, or what obligations the operator will owe participants.
Original report: Odaily