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Archived story · published November 9, 2026. Coverage reflects reporting at the time. See today's brief

Crypto · November 9, 2026

NYSE to Settle Tokenized Stocks on Avalanche Blockchain

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The New York Stock Exchange has selected the Avalanche blockchain to serve as the core settlement ledger for a planned 24/7 tokenized securities market. This platform, being developed through an NYSE-affiliated clearing firm, aims to bring continuous trading and on-chain settlement to tokenized stocks. The announcement was first reported as an exclusive and was subsequently confirmed by Ava Labs, the developer of the Avalanche network.

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Hype check

How the hype check works

Confirmed · 2

Backed by filings, on-chain data, official statements or several independent publishers.

  • NYSE selected Avalanche for its tokenized stock platform (New York Stock Exchange)
  • The planned market will operate 24/7 (New York Stock Exchange)

Claimed · 1

Said by a company, project or person; not yet independently confirmed.

  • Avalanche will serve as the 'core ledger technology' for the clearing firm (Ava Labs)

Speculation · 0

Price talk, forecasts or unnamed sources, quoted as someone else's view.

  • None identified.

Reported by multiple outlets

  • The New York Stock Exchange selected the Avalanche blockchain for a planned tokenized stock trading platform.
  • Avalanche will serve as the core ledger technology for the exchange's affiliated clearing firm.
  • The planned market aims to support 24/7 trading, clearing, and settlement.

Reported by only some outlets

  • The Wall Street Journal described its report as an 'exclusive'.
  • Cointelegraph reported the AVAX token rose as much as 10% following the announcement.
  • Cointelegraph reported that Donald Trump-linked tokens led crypto losses following Democrat sweeps in the U.S. midterms.

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CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.