NYSE Considering Implementation of Avalanche Technology

The New York Stock Exchange (NYSE) has been evaluating ways to apply Avalanche (AVAX) technology to its current trading system over the past year, according to The Block. Charlie Cooper, CEO of Ava Labs, stated that NYSE reviewed the feasibility of implementing Avalanche's technology. Michael Blaugrund of Intercontinental Exchange (ICE), NYSE's parent company, also explained that the team has been working closely with the Avalanche group while assessing various blockchain platforms.