NYSE Picks Avalanche for Tokenized Stock Clearing and Settlement

The New York Stock Exchange (NYSE) plans a Q4 2026 launch for a tokenized securities platform that would use Avalanche for clearing and settlement, bringing blockchain infrastructure into U.S. stock trading.

The proposed alternative trading system (ATS) would handle tokenized stocks and exchange-traded funds. NYSE plans to keep order matching on its existing Pillar engine, while completed trades would be recorded on Avalanche for clearing and settlement.

Tokens issued on other blockchains may also be eligible to trade on the platform, but Avalanche would remain the sole ledger for official trade records and final settlement. The design keeps order matching on NYSE’s system and uses the blockchain to complete trades.

NYSE also plans 24/7 trading and settlement and the integration of compliant stablecoins for funding and settlement. The launch target is the fourth quarter of 2026, subject to review by the Securities and Exchange Commission and other regulators.