# ICE Selects Avalanche as Ledger for Planned Tokenized Securities Platform

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/54821
Published: 2026-11-12T02:44:53.000Z
Updated: 2026-11-12T02:44:53.000Z
Section: Business

> The service is designed for round-the-clock trading, clearing and settlement, but remains subject to regulatory approval.

Intercontinental Exchange (ICE) has selected Avalanche as the core ledger for a planned tokenized securities platform, a move that would bring blockchain infrastructure into settlement at the parent of the New York Stock Exchange.

The service is designed to support around-the-clock trading, clearing and settlement of tokenized securities. It still requires regulatory approval.

GSR research analyst Carlos Guzman said the selection boosts institutional confidence in blockchain-based settlement and highlights the potential value of faster settlement and programmable transactions. Mercuryo North America lead Luther Maday said the decision followed about a year of testing on Avalanche focused on performance, reliability and controls.

The selection does not by itself show whether AVAX will capture long-term value from the activity. Guzman said securities trades would take place off-chain, while Avalanche infrastructure would handle clearing and settlement on dedicated infrastructure rather than the public C-Chain, which supports most of the network’s activity.

Symbiotic founder Misha Putiatin said the key question for Avalanche is whether the network can capture economic value from this use. The platform remains planned pending regulatory approval.