An NYSE-Affiliated Exchange Will Settle Tokenized Stocks on Avalanche. What Does That Do to the AVAX Price?
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The post An NYSE-Affiliated Exchange Will Settle Tokenized Stocks on Avalanche. What Does That Do to the AVAX Price? appeared first on 24/7 Wall St..Avalanche (CRYPTO:AVAX) will serve as the ledger for the clearing firm of a new NYSE-affiliated trading venue for tokenized stocks, Ava Labs said today. The venue is designed for continuous trading, clearing, and settlement, pending regulatory approval.
A tokenized stock is a share recorded as a token on a blockchain, so it can trade and settle outs
A tokenized stock is a share recorded as a token on a blockchain, so it can trade and settle outs
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