Original reporting published November 9, 2026, at 22:06:25 UTC+8.
The New York Stock Exchange selected Avalanche for clearing and settlement on its planned 24/7 tokenized-securities platform, according to an Ava Labs statement cited by The Block. The selection concerns ledger functions for the clearing firm behind the proposed venue—not a requirement that every security traded there be issued on Avalanche.
The platform is being designed for around-the-clock trading, clearing and settlement, subject to regulatory approval. At the time of the report, it was targeting a fourth-quarter launch and would use NYSE’s existing technology to match trades, according to The Wall Street Journal.
Settlement infrastructure after about a year of testing
Ava Labs CEO Emin Gün Sirer said dedicated infrastructure would support the platform’s 24/7 atomic settlement requirements, with predictable performance and costs, operational and regulatory controls, and connectivity to a broader ecosystem of assets and liquidity. Those are the provider’s stated capabilities, rather than reported results from a live venue.
The selection followed about a year of testing. In September, Ava Labs President Charley Cooper told The Block that NYSE had spent the previous year testing Avalanche and working with the company on how it could fit into the exchange’s systems. He said NYSE had examined the project’s economics and technology, but did not confirm a selection at that point. ICE Head of Strategic Initiatives Michael Blaugrund said then that the exchange operator was “very engaged” with Avalanche.
A multichain venue, with a distinct settlement role
NYSE Head of Digital Issuance Dennis Lee said the exchange was evaluating different technologies for different parts of the platform. The venue would support equities listed on a range of blockchains, while its settlement ledger needed speed, reliability, predictable costs and control over participation.
The exchange was also adding partners. In the week before the November 9 report, it announced agreements with Broadridge Financial Solutions, Computershare, Equiniti and Superstate to support issuer-sponsored tokenized securities and transfer-agent functions. Securitize and tZERO were already listed as partners.
For adoption, the reported development is an infrastructure selection ahead of a proposed launch. The source provides no live trading volumes, user counts or retention figures, so it does not establish demand for the venue or the durability of its eventual use.
