NYSE is developing an alternative trading system for 24/7 onchain trading and exploring Avalanche as the underlying blockchain.
Regulation & Gov ·
Intercontinental Exchange, the parent company of the New York Stock Exchange, is evaluating Avalanche as a potential blockchain foundation for an alternative trading system designed to enable round-the-clock on-chain trading. According to the Vice President of Strategic Initiatives at ICE, the Avalanche network satisfies numerous technical and operational criteria for the initiative, with development teams from both organizations actively engaged in collaborative work.
The project represents an effort to extend equity market access beyond traditional trading hours through blockchain infrastructure. Avalanche's selection reflects compatibility with ICE's architectural needs, though the evaluation phase remains ongoing. The scope of integration—including specific technical specifications, timeline to launch, and whether other blockchains are under concurrent consideration—has not been detailed publicly.