The New York Stock Exchange (NYSE) and its parent company, Intercontinental Exchange (ICE), have spent approximately one year testing the Avalanche blockchain. The testing, which concluded around September 2026, focused on the network's ability to handle on-chain settlement for tokenized US equities and ETFs.
The evaluation examined how Avalanche integrates with existing systems, such as the Pillar matching engine. ICE executives noted the network's performance, interoperability, and the use of custom subnets designed for regulatory compliance. However, no final decision on a blockchain provider has been made.
The initiative is part of a broader project announced by the NYSE in January 2026 to integrate blockchain capabilities into traditional trading. The proposed platform aims to enable 24/7 trading, immediate settlement, and stablecoin funding, all of which remain subject to regulatory approval.
The NYSE platform is designed to support multiple blockchains rather than relying on a single network. By November 2026, major transfer agents, including Broadridge and Computershare, joined the venue to manage shareholder records and governance mechanisms.
In July 2026, Securitize tokenized $295 million of its NYSE-listed stock, issuing the tokens on both Avalanche and Solana. Despite this, the role of Avalanche in future NYSE operations remains a possibility pending formal selection by ICE and final regulatory sign-off.
