ICE, Parent Company of NYSE, Considers Avalanche for 24/7 Trading Platform

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is developing an alternative trading system (ATS) for tokenized stocks and ETFs. Michael Blaugrund, Vice President of Strategy at ICE, stated that Avalanche (AVAX) is among the candidates being considered as the infrastructure for this 24/7 trading platform, though no formal agreement has been reached.