TREE NEWS update: Ava Labs President John Wu, known as Cooper, said the NYSE’s parent company ICE has spent the past year testing Avalanche’s technology and assessing how to connect it to existing trading systems, with a partnership now in place but no final decision on using Avalanche for its tokenized securities platform. ICE’s Michael Blaugrund said Avalanche meets many of its requirements, though neither side has announced a formal selection.
Ava Labs Says NYSE Parent ICE Has Tested Avalanche for a Year
The significance here is less the test itself than who is running it: a major exchange group spending a year on Avalanche's stack signals that tokenized securities infrastructure is being evaluated at the incumbent level, not just among crypto-native venues. The absence of a formal selection keeps this firmly in pilot territory, and the stated gap — connecting to existing trading systems — is the same integration problem every RWA platform faces. Whether ICE converts a year of testing into an actual platform decision is the open question.
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