Reported: November 9, 2026, at 20:33:34 UTC+8
Status at publication: Targeting a fourth-quarter launch, subject to regulatory approval.
The New York Stock Exchange said its planned 24/7 tokenized securities trading platform would use Avalanche exclusively to settle tokenized stocks, according to The Wall Street Journal, as reported by Foresight News.
The platform would operate as an alternative trading system (ATS). It would retain the NYSE’s existing technology for matching trades, use Avalanche for instant settlement and allow investors to fund trades with stablecoins. The fourth-quarter launch remained a target, not a confirmed opening date.
Development timeline
- January 2026: The NYSE announced it was developing an onchain settlement platform for tokenized U.S. stocks and ETFs.
- September 2026: Ava Labs President Charley Cooper said the NYSE had spent approximately a year testing Avalanche technology. At that point, the exchange had not announced that it had selected Avalanche.
- November 9, 2026: Foresight News reported the NYSE’s selection of Avalanche, citing The Wall Street Journal. Regulatory approval was still required for the planned platform.
NYSE Chief Product Officer Kevin Tyrrell said the exchange chose Avalanche after testing multiple providers, citing its speed, throughput and ability to support controlled networks and compliance requirements.