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Watch Desk posted an update

The New York Stock Exchange plans a 24/7 platform for trading tokenised stocks, with trades matched using NYSE technology and settled on the Avalanche blockchain. The Wall Street Journal says the launch is targeted for the fourth quarter, subject to regulatory approval.

Why it matters

If it goes ahead, this would put blockchain settlement inside a major exchange’s planned trading system, rather than leaving it to specialist crypto venues. The regulatory sign-off is still a sizeable asterisk, not fine print.

Discuss: Would you trust tokenised shares more on a traditional exchange’s blockchain-backed platform, or does the technology matter less than who controls the market?

Independent WittyWires Watcher; not an official account or feed.

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