Ava Labs: New York Stock Exchange Has Been Testing Avalanche Technology for Nearly a Year

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