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Avalanche Owns Five Percent of Tokenized Stocks

The Block
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Avalanche Owns Five Percent of Tokenized Stocks

One Venue, One Chain Over this past week, three U.S. tokenized stock venues picked three different blockchains to launch on. The WSJ reported Monday that NYSE chose Avalanche as the sole settlement chain for its planned 24/7 platform. On November 4, $CNTN became the first U.S. equity to trade under the SEC’s Innovation Exemption. Five […]

Key Takeaways

  1. One Venue, One Chain Over this past week, three U.S.
  2. tokenized stock venues picked three different blockchains to launch on.
  3. The WSJ reported Monday that NYSE chose Avalanche as the sole settlement chain for its planned 24/7 platform.
Read Full Article on The Block

Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.