NYSE Selects Avalanche to Build Tokenized Securities Platform; Experts Say AVAX’s Value Capture Remains to Be Seen

This week, the New York Stock Exchange (NYSE) selected Avalanche to provide underlying infrastructure for its tokenized securities platform under development. Ava Labs officially announced the decision on Monday, stating that Avalanche will serve as the “core ledger technology” for the tokenized securities platform being built by Intercontinental Exchange (ICE), NYSE’s parent company. The platform aims to enable 24/7 trading, clearing, and settlement of tokenized securities and remains subject to regulatory approval. Carlos Guzman, Research Analyst at market maker GSR, called the move a “major win for the project,” noting that NYSE’s integration of Avalanche technology into settlement significantly bolsters institutional confidence in the platform—and underscores the tangible value blockchain brings to traditional financial infrastructure through instant settlement and programmability. Luther Maday, Head of North America at crypto payments firm Mercuryo, said this decision