Ava Labs President Charley Cooper revealed that the New York Stock Exchange has been testing Avalanche technology for the past year as part of its tokenization efforts. The exchange is working to integrate the blockchain infrastructure into its existing systems to advance its digital asset strategy.
Cooper described a close collaborative relationship with NYSE parent company Intercontinental Exchange (ICE) during this testing phase. However, he stopped short of confirming that the exchange has officially selected Avalanche as the foundation for its planned tokenized securities platform.
NYSE Testing Avalanche Technology for Tokenization Initiative
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