Ava Labs: The New York Stock Exchange has been testing Avalanche technology for nearly a year

Charley Cooper, President of Ava Labs, stated that the New York Stock Exchange (NYSE) has been testing Avalanche technology over the past year and has been working with Ava Labs to explore ways to integrate it with the exchange's existing systems. Cooper mentioned that a close partnership has been established between the two parties, but it has not yet been confirmed whether the NYSE will ultimately choose Avalanche as the blockchain for its tokenized securities platform. The NYSE announced in January of this year that it is developing a platform for trading and on-chain settlement of tokenized U.S. stocks and ETFs.