The New York Stock Exchange and its parent company, Intercontinental Exchange (ICE), have tested Avalanche for about a year as a settlement network for tokenized stocks. ICE has not made a final choice, and any decision depends on regulatory approvals.
A post on X this week stated that the NYSE will settle tokenized stocks on Avalanche, but no final selection has been confirmed. The NYSE and ICE have been running hands-on tests of Avalanche technology for roughly a year as of September 2026. The goal is to see whether the network can handle on-chain settlement of tokenized US equities and ETFs.
ICE executives point to positive signs
Ava Labs President Charley Cooper disclosed details of the testing in September 2026. According to Cooper, the work looked at how Avalanche performs and how well it plugs into the exchange's existing systems, including the Pillar matching engine.
ICE executives have been encouraging, if careful. They have pointed to positive signs, including Avalanche meeting many of the operational requirements the exchange laid out. At the Avalanche Summit in September 2026, they also highlighted the network's performance, its interoperability, and its custom subnets designed with compliance in mind.
Still, ICE has not made a definitive choice on which blockchain solution it will implement.
A platform built for several chains
The tests sit inside a broader project the NYSE introduced publicly in January 2026. The proposed platform aims for 24/7 trading, immediate settlement, and funding with stablecoins, all subject to regulatory approval.
US stock trades currently settle on a T+1 basis, meaning shares and cash change hands one business day after the trade. The NYSE has designed the platform to support multiple blockchains rather than locking itself into one.
By November 2026, Broadridge and Computershare had been onboarded to the NYSE's tokenized securities venue. Their role covers shareholder records and on-chain governance mechanisms.
Securitize already issues on Avalanche
NYSE-listed shares already live on Avalanche. In July 2026, Securitize tokenized $295 million of its own NYSE-listed stock as part of its public listing. It issued the tokenized shares on both Avalanche and Solana.
That dual-chain approach mirrors the NYSE's own multi-blockchain stance. The multi-chain design means the exchange can spread volume across several networks, so no single chain is guaranteed to capture the bulk of activity.
Until ICE makes a formal selection and regulators sign off, Avalanche's role in settling NYSE trades remains a possibility rather than an announced reality.
Source: Crypto Briefing
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