The New York Stock Exchange (NYSE) will use the Avalanche blockchain for clearing and settling tokenized securities transactions on a new trading platform.
Ava Labs, the developer of the Avalanche blockchain platform, announced a partnership with the New York Stock Exchange (NYSE) to develop infrastructure for trading tokenized securities. Avalanche will serve as the core ledger technology for the clearing organization supporting a new alternative trading system (ATS) being developed by an NYSE affiliate.
In January 2026, the NYSE announced plans to develop a platform for 24/7 trading of tokenized stocks and exchange-traded funds (ETFs). The project includes instant settlement, fractional share ownership, and the use of stablecoins to fund trading activities.
According to Ava Labs, Avalanche’s blockchain infrastructure will enable clearing and settlement of tokenized stock transactions directly on a distributed ledger. The new platform will support round-the-clock trading and settlement. Its launch remains subject to the necessary regulatory approvals.
The NYSE doesn’t plan to limit the trading system to a single blockchain network. The platform will be able to support tokenized stocks issued on different networks, while Avalanche will be used to record transactions and execute final settlement.
According to Dennis Lee, Head of Digital Issuance at the NYSE, the exchange evaluated several key requirements when selecting technology for its settlement infrastructure:
- High transaction processing speeds;
- Network reliability;
- The ability to control participant access to settlement infrastructure;
- Predictable transaction costs;
- Support for 24/7 atomic settlement;
- An established developer ecosystem.
The NYSE believes Avalanche meets all these requirements. Using dedicated blockchain infrastructure will allow settlement mechanisms to be adapted to the regulatory and operational requirements of institutional markets.
Emin Gün Sirer, CEO of Ava Labs, said Avalanche’s architecture will enable the NYSE platform to conduct 24/7 atomic settlement with predictable performance and costs. The infrastructure will also maintain interoperability with the broader digital asset and liquidity ecosystem.
Ava Labs also emphasized that its partnership with the NYSE demonstrates how blockchain technology can be applied to core processes in organized securities markets, including trading, clearing, and settlement.
The companies haven’t disclosed an exact launch date for the new trading system, the amount of investment in the project, or the expected throughput of the settlement infrastructure.
In July 2026, the NYSE participated in the first live transactions involving tokenized securities as part of testing for the DTCC Tokenization Service, which involved more than 50 financial and technology organizations.
