Avalanche to Provide Underlying Ledger Infrastructure for the Clearing Agency of the NYSE-Affiliated Tokenized Securities Platform

Odaily: Avalanche will provide the underlying ledger infrastructure for the clearing agency of the NYSE-affiliated tokenized securities platform. Dennis Lee, Head of Digital Issuance at the NYSE, said that a clearing ledger needs to deliver speed, reliability, cost predictability, and participant control capabilities, and that Avalanche meets these requirements.