Update
NYSE Chooses Avalanche for Tokenized Securities Platform
The New York Stock Exchange has selected Avalanche's infrastructure for a tokenized securities platform, developed by its parent company Intercontinental Exchange. Experts suggest this is a significant boost for Avalanche's reputation, but may not directly impact the price of AVAX, Avalanche's native token. AVAX has risen 3.6% in the past day to $8.64, according to Decrypt data. However, the actual trading will still happen off-chain, on dedicated Avalanche infrastructure rather than the public C-Chain.