Avalanche will provide the core ledger technology for clearing and settlement for the upcoming tokenized securities platform affiliated with the New York Stock Exchange.
This ATS, affiliated with the New York Stock Exchange and set to launch, will use Avalanche as its blockchain, building dedicated infrastructure to bring tokenized stock settlement on-chain at an institutional scale.
New York, November 9, 2026 /PRNewswire/ — Ava Labs today announced that Avalanche, a high-performance blockchain platform designed to power the next generation of financial products, will support the upcoming digital ATS from a New York Stock Exchange affiliate, providing core ledger technology for the platform’s clearing house.
Previously, the NYSE announced that its affiliate is developing a new digital platform for the trading and on-chain settlement of tokenized securities. The announcement stated that, following receipt of applicable regulatory approvals, the platform—powered by Avalanche—aims to provide platform subscribers with 24/7 trading, clearing, and settlement services.
Emin Gün Sirer, CEO and founder of Ava Labs, said: “This upcoming tokenized securities platform demonstrates why this model is critical for capital markets. It will deliver predictable performance and cost, the control needed to meet its regulatory and operational requirements, and seamless connectivity with the broader asset and liquidity ecosystem—through dedicated infrastructure that supports 24/7 atomic settlement. This approach embodies technology truly built for business: its infrastructure is designed to enable issuance and settlement on-chain at the scale demanded by global markets.”
Dennis Lee, Head of Digital Issuance at the NYSE, said: “At the NYSE, we are exploring how blockchain technology can extend our services in the equities space and selecting the right technology for each use case. This upcoming digital trading platform will support equities issued on multiple blockchains; however, the ledger used to record and settle transactions must be fast and reliable, allow us to control participation, keep costs predictable, and be supported by a large developer community. Avalanche meets all these requirements.”
The announcement states that, for many years, blockchain work in the capital markets has primarily focused on individual products, including tokenized funds, limited-scale pilots, and standalone issuances. Avalanche’s infrastructure operating in tandem with market participants demonstrates that blockchain can support not only individual financial products but also the underlying infrastructure required for their issuance, trading, and settlement.
For more information, visit avalanche.com.
About Avalanche
Avalanche is a high-performance blockchain platform designed to power the next generation of financial products, enterprise applications, and digital experiences. Its technology enables institutions, businesses, and developers to launch purpose-built blockchain networks and applications with the speed, scalability, security, and flexibility required for real-world use cases. From tokenized assets and payments to consumer applications and digital infrastructure, Avalanche provides the foundation for bringing products, markets, and services on-chain. Learn more at avalanche.com.
About Ava Labs
Ava Labs is the company behind the development of Avalanche, a high-performance blockchain platform built for business. Headquartered in New York City, Ava Labs develops the technologies, tools, and infrastructure that enable organizations to launch their own blockchain networks and applications with the speed, scalability, security, and flexibility required for real-world applications. Institutions partnering with Ava Labs and building on Avalanche include JPMorgan Chase, Apollo, FIFA, and the State of Wyoming. Ava Labs was founded by Emin Gün Sirer and is backed by Andreessen Horowitz (a16z) and other leading technology investors.