NYSE picks Avalanche to settle tokenized stocks, but AVAX holders gain only indirectly

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Ava Labs is supplying the technology for clearing and settlement on a planned NYSE platform for tokenized stocks. The NYSE is running its own blockchain for it, however, and the AVAX price has already given back Monday's jump.Avalanche technology is set to carry settlement on a planned NYSE platform for tokenized securities.Add as a preferred source on GoogleFollow on Google NewsThe New York Stock Exchange wants to settle tokenized stocks on a blockchain, and the technology for it is to come from Avalanche (AVAX). Ava Labs, the company that develops Avalanche, announced this on Monday, November 9, 2026. For AVAX holders the news is still no automatic win: according to CoinDesk, the NYSE runs its own blockchain based on Avalanche technology rather than the public network. By Tuesday evening the price had already given back Monday's jump. This article sets out what was actually announced, what is still open and which routes investors in Germany have if they want to bet on Avalanch...