Avalanche to Provide Core Ledger Technology for Clearing and Settlement of the Tokenized Securities Platform to be Launched by the New York Stock Exchange
PR Newswire
1h ago
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Ava Labs announces that Avalanche will provide the core ledger technology required by its clearing institution for the upcoming digital ATS platform, which is affiliated with the New York Stock Exchange. According to the announcement, once the applicable regulatory approvals are obtained, the platform aims to provide subscription users with 24/7 trading, clearing, and settlement services for tokenized securities.
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Avalanche will provide core ledger technology for clearing and settlement to the upcoming tokenized securities platform associated with the New York Stock Exchange

This upcoming ATS, which is related to the New York Stock Exchange, will adopt Avalanche as its blockchain and build dedicated infrastructure, with the aim of bringing tokenized stock clearing onto the blockchain on an institutional scale.

New York, November 9, 2026 / PRNewswire / -- Ava Labs Today, we announce that Avalanche – a high-performance blockchain platform designed to drive the next generation of financial products – will support the upcoming digital ATS from a New York Stock Exchange-related party, providing core ledger technology for the clearing institution of that platform.

The New York Stock Exchange previously announced that its affiliates were developing a new digital platform for the trading and on-chain settlement of tokenized securities. According to the announcement, once the appropriate regulatory approvals are obtained, the platform, supported by Avalanche, aims to provide 24/7 trading, clearing, and settlement services for its subscribed users.

Ava Labs CEO and Founder Emin G ün Sirer stated: "This upcoming tokenized securities platform illustrates why this model is so important for the capital market. It will support the platform's 24/7 atomic settlement needs through dedicated infrastructure, provide predictable performance and costs, offer the control capabilities required to meet regulatory and operational requirements, and enable connections with a broader range of assets and liquidity ecosystems. This approach reflects technology truly built for business: its infrastructure is designed to support issuance and settlement on-chain on the scale required by global markets."

New York Stock Exchange's Digital Issuance Director Dennis Lee stated: "At the New York Stock Exchange, we are exploring how blockchain technology can expand our services in the stock market and selecting the appropriate technology for different tasks. The upcoming digital trading platform will support stocks issued on various blockchains. However, the ledger used to record and settle transactions needs to be fast and reliable, allowing us to control who can participate, maintain predictable costs, and have the support of a large developer community. Avalanche meets all these requirements."

The announcement states that for many years, blockchain efforts in the capital market have mainly focused on the level of individual products, including tokenized funds, limited-scale pilots, and single issuances. The coordinated operation of Avalanche infrastructure with market operators indicates that blockchain can not only support individual financial products but also the infrastructure upon which the issuance, trading, and settlement of these products depend.

For more information, please visit avalanche.com.

About Avalanche

Avalanche is a high-performance blockchain platform designed to drive the next generation of financial products, enterprise applications, and digital experiences. Its technology enables institutions, businesses, and developers to launch blockchain networks and applications that are specifically built for real-world applications, offering the necessary speed, scalability, security, and flexibility. From tokenized assets and payments to consumer applications and digital infrastructure, Avalanche provides the foundation for bringing products, markets, and services onto the blockchain. For more information, please visit avalanche.com.

About Ava Labs

Ava Labs is the company that develops Avalanche. Avalanche is a high-performance blockchain platform designed for commercial use. Ava Labs is headquartered in New York City, where they develop related technologies, tools, and infrastructure that enable various organizations to launch their own blockchain networks and applications at the speed, scalability, security, and flexibility required by real-world applications. Institutions that have collaborated with Ava Labs and built on Avalanche include JPMorgan Chase, Apollo, FIFA (FIFA), and the Wyoming State Government. Ava Labs was founded by Emin G and Sirer and is supported by Andreessen Horowitz (a16z) as well as other leading technology investors.

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