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DECRYPT · 2026-11-11 10:53 UTC

Avalanche Won Over the NYSE. Now It Has to ‘Capture Value’ for AVAX

The NYSE's parent company Intercontinental Exchange chose Avalanche, announced by Ava Labs, as the core ledger technology for a tokenized securities platform, subject to regulatory approval. The platform is designed for 24/7 trading, clearing, and settlement of tokenized securities, with trading itself still happening off-chain. Experts call it a big credibility win for Avalanche but warn it may not lift AVAX's value, since NYSE activity runs on dedicated infrastructure rather than the public C-Chain; AVAX rose 3.6% to $8.64.

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