THE BLOCK · 2026-11-12 20:32 UTC

Avalanche Owns Five Percent of Tokenized Stocks

The WSJ reported NYSE chose Avalanche as the sole settlement chain for its planned 24/7 tokenized stock platform. Three U.S. tokenized stock venues picked three different chains: Avalanche (NYSE), Canton Network (TSV, first U.S. equity $CNTN under the SEC's Innovation Exemption), and Solana (Formation, targeting early 2027). Tokenized stocks reached $3.7 billion, roughly matching stablecoins' early growth, and the count of tokenized stocks and ETFs worth over $1 million rose from three in January 2025 to 287.

Loading the story on Tree News…