Ava Labs president says NYSE spent a year testing Avalanche technology for tokenization plans

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Ava Labs president says NYSE spent a year testing Avalanche technology for tokenization plans

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Ava Labs president Jeff Cooper says the New York Stock Exchange, through its ICE parent, spent a year testing Avalanche’s blockchain for tokenization projects, though he does not confirm the exchange has chosen Avalanche. He highlights a close partnership and ongoing collaboration, suggesting the testing phase could accelerate institutional adoption of decentralized finance and influence broader market tokenization strategies.

Cooper described a close working relationship with NYSE parent ICE but did not say the exchange had selected Avalanche.