News
Tokenized stocks expand as NYSE selects Avalanche and venues choose distinct blockchains
NYSE announced Avalanche as the settlement chain for its 24/7 tokenized stock platform, while TSV operates on Canton and Formation plans a Solana‑based venue for early 2027. The first U.S. equity traded under the SEC Innovation Exemption was $CNTN on November 4. Tokenized stock volume now mirrors early stablecoin growth, reaching $3.7 billion, with over 287 tokenized stocks and ETFs above $1 million in value as of Nov 8. HTX added spot trading for 20 tokenized U.S. stocks, and major chains gain market share through platform launches. The update also highlighted a report on ten AI stocks poised for growth and recent research on Gate Money’s unified finance product.