NYSE Proposes Stock Trading Venue Utilizing Avalanche Network
The New York Stock Exchange plans to use the Avalanche network as a clearing ledger for a proposed stock trading venue.
The New York Stock Exchange has announced plans to incorporate the Avalanche network to supply the clearing ledger for a proposed trading venue. However, the initiative will ban direct wallets, relying instead on established broker distribution channels. Regulatory approval for the project is still required before it can launch.
Original report: CryptoSlate ↗
AI-assisted summary based on the publisher's report. Read the original for full details. Not financial advice.