Avalanche’s AVAX leads crypto gains following NYSE tokenization deal
Summary
Avalanche experienced a significant price surge following a major institutional development involving the New York Stock Exchange. The digital asset climbed up to ten percent after the exchange operator chose the underlying network to facilitate settlement for an upcoming tokenized equities trading venue.
Avalanche’s AVAX token rose as much as 10% after the NYSE selected its blockchain to support settlement on a planned tokenized stock trading platform.
Source: Read the full story at Cointelegraph.com News
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