Avalanche to Serve as Core Ledger Technology for Clearing and Settlement of NYSE-affiliated Upcoming Tokenized Securities Platform

The NYSE-affiliated upcoming ATS will use Avalanche as its blockchain, creating dedicated infrastructure designed to bring clearing of tokenized equities onchain at institutional scale

NEW YORK, Nov. 9, 2026 /PRNewswire/ -- Ava Labs today announced that Avalanche, a high-performance blockchain platform built to power the next generation of financial products, will support NYSE's affiliated upcoming digital ATS by providing the core ledger technology to the platform's clearing firm.

NYSE previously announced that its affiliate is developing a new digital platform for the trading and onchain settlement of tokenized securities. Subject to applicable regulatory approvals, the platform, supported by Avalanche, is designed to allow 24/7 trading, clearing and settlement for the platform's subscribers.

"The upcoming tokenized securities platform shows why this model matters for capital markets," said Emin Gün Sirer, Chief Executive Officer and Founder at Ava Labs. "It will support the platform's 24/7 atomic settlement needs with dedicated infrastructure with predictable performance and costs, the control to meet its regulatory and operational requirements, and connectivity to a broader ecosystem of assets and liquidity. This approach is what technology built for business looks like, with infrastructure designed to support issuance and settlement onchain at the scale global markets demand."

"At the NYSE, we're looking at how blockchain technology can expand what we offer in equities, and we're picking the right technology for each job," said Dennis Lee, Head of Digital Issuance, NYSE. "The upcoming digital trading platform will support equities listed on a range of blockchains, though the ledger that records and settles trades needs to be fast and reliable, let us control who can take part, keep costs predictable, and have a large community of developers behind it. Avalanche meets all those needs."

For years, blockchain work in capital markets has largely centered on individual products, including tokenized funds, limited pilots and individual issuances. Avalanche infrastructure operating in conjunction with a market operator demonstrates that blockchain can support not only individual financial products but also the infrastructure on which those products are issued, traded and settled.

For more information, visit avalanche.com.

About Avalanche

Avalanche is a high-performance blockchain platform built to power the next generation of financial products, enterprise applications and digital experiences. Its technology enables institutions, businesses and developers to launch purpose-built blockchain networks and applications with the speed, scalability, security and flexibility required for real-world use. From tokenized assets and payments to consumer applications and digital infrastructure, Avalanche provides the foundation for bringing products, markets and services onchain. For more information, visit avalanche.com.

About Ava Labs

Ava Labs is the company building Avalanche, the high-performance blockchain platform built for business. Headquartered in New York City, Ava Labs develops the technology, tools and infrastructure that allow organizations to launch their own blockchain networks and applications with the speed, scalability, security and flexibility required for real-world use. Organizations working with Ava Labs and building on Avalanche include JPMorgan Chase, Apollo, FIFA and the state of Wyoming. Ava Labs was founded by Emin Gün Sirer and is backed by Andreessen Horowitz (a16z) and other leading technology investors.

SOURCE Ava Labs, Inc