Avalanche Token Rallies After NYSE Selects Blockchain for Settlement
The AVAX token gained up to 10 percent after the New York Stock Exchange chose its blockchain network for a planned tokenized trading platform.
The native token of the Avalanche network experienced a notable price increase following a major enterprise development. The New York Stock Exchange chose the Avalanche blockchain to facilitate settlement procedures for an upcoming tokenized stock trading platform.
Following the announcement, the AVAX asset climbed by as much as 10 percent in market trading.
Original report: Cointelegraph ↗
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