The New York Stock Exchange just picked Avalanche to settle tokenized US stocks on its new 24/7 trading platform. The deal is exclusive. NYSE tested multiple blockchains before choosing $AVAX for its speed, throughput and support for a controlled network that meets compliance rules. AVAX jumped 6.8% in 24 hours on the news, now trading near $8.76. The catch? Launch is targeted for Q4 and still pending approval, so not a single stock settles on Avalanche... yet.
Altcoin BuzzShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.