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Ava Labs: The New York Stock Exchange has been testing Avalanche technology for nearly a year

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Charley Cooper, President of Ava Labs, stated that the New York Stock Exchange (NYSE) has been testing Avalanche technology over the past year and has been working with Ava Labs to explore ways to integrate it with the exchange's existing systems. Cooper mentioned that a close partnership has been established between the two parties, but it has not yet been confirmed whether the NYSE will ultimately choose Avalanche as the blockchain for its tokenized securities platform. The NYSE announced in January of this year that it is developing a platform for trading and on-chain settlement of tokenized U.S. stocks and ETFs.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.