ICE Exec Says Avalanche Meets Many NYSE On-Chain ATS Requirements, No Deal Yet

The signal here is architectural rather than commercial: a major exchange group is openly mapping its existing matching engine onto a public chain, which would fold tokenized equities into crypto-style settlement rails rather than a walled-off venue. Avalanche's mention matters because ICE had previously left the chain unnamed, but the absence of a deal keeps this firmly in evaluation territory. The open question is whether ICE's requirements push it toward a single chain or a multi-chain settlement layer — and how incumbent venues and stablecoin issuers position once tokenized equity trading moves from concept to live infrastructure.