NYSE putting its clearing layer onchain is the real news. Once clearing is onchain, tokens can live on several chains and still settle in one place. Interop becomes a clearing question, not a bridge question.
BREAKING: Upcoming NYSE-affiliated tokenized securities platform’s core clearing and settlement layer will be built on top of Avalanche technology.View quoted post on X
Avalanche will support the platform’s clearing firm, supporting the development of infrastructure for 24/7 trading, clearing, and settlement.
A landmark step toward the next generation of global financial markets.