NYSE Names Avalanche as Settlement Chain for 24/7 Stock Platform
The Block reports that Avalanche will serve as the sole settlement network for NYSE’s planned round-the-clock trading platform.
The Block reports that Avalanche will serve as the sole settlement network for NYSE’s planned round-the-clock trading platform. Avalanche (AVAX) is trading at ₹786 ($8.35), up 0.1% since this brief published. This is an original Token Times brief based on reporting by The Block, with live market data added, as of Fri, 13 Nov 2026 00:30:01 UTC.
The chain selection gives Avalanche a role in the infrastructure for tokenized U.S. equities, linking securities settlement with blockchain activity and potentially expanding the network’s institutional use case.
- NYSE selected Avalanche for its planned 24/7 platform.
- Avalanche was framed as securing about 5% of tokenized stocks.
- The Block cites a Monday Wall Street Journal report.
- AVAX trades at $8.34; Avalanche TVL stands at $132.08M.
- NYSE Expands Tokenized Stock Trading Platform with Four New Partners
- Avalanche selected as settlement ledger for NYSE tokenized-stock platform
- NYSE’s Avalanche adoption raises the bar for AVAX value capture
- NYSE Names Avalanche as Settlement Chain for 24/7 Stock Platform — this brief
The Block reports, citing The Wall Street Journal, that NYSE chose 
Avalanche as the sole settlement chain for a planned platform designed to support 24/7 trading. The outlet’s coverage frames Avalanche as accounting for roughly 5% of tokenized stocks, although the supplied summary does not provide a breakdown of that figure.
The announcement came amid a broader expansion of blockchain-based securities venues. The Block says three U.S. tokenized-stock venues selected three different blockchains during the preceding week, showing that Avalanche’s role is part of a wider experiment with different networks serving distinct platforms. On November 4, it adds, CNTN became the first U.S. equity to trade under the SEC’s Innovation Exemption.
The Block is the only outlet supplying coverage of this development, so the NYSE selection, the reported five-percent share and the related securities activity are not independently corroborated within the provided material. The outlet’s emphasis is on Avalanche winning a prominent institutional settlement role while other tokenized-stock venues choose alternative chains.
Live market data present a muted backdrop for the network. Avalanche’s native token, AVAX, was priced at $8.34, down 2.06% over 24 hours but up 0.74% over seven days, with a market capitalization of $3.72 billion. DeFiLlama reported Avalanche TVL of $132.08 million, a 2.5% decline over seven days. The broader crypto market capitalization was $2.46 trillion, 
Bitcoin fell 3.41% over 24 hours, and the Fear & Greed index stood at 28, indicating a Fear reading. The development places Avalanche’s institutional infrastructure role alongside weakening near-term on-chain and broader market indicators; key watch points include the platform’s launch timeline and how its settlement function develops.
Since this brief published about 4 hours ago, Avalanche (AVAX) has moved from ₹784.68$8.34 to ₹785.62$8.35 — +0.12%.
The chart plots AVAX's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 AVAX ≈ ₹831.41 (about $8.35), down 2.7% over 24 hours. The rupee itself trades about 5.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 12, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
NYSE Names Avalanche as Settlement Chain for 24/7 Stock Plat — questions & answers
What did NYSE select Avalanche to handle?
NYSE chose Avalanche as the sole settlement chain for its planned platform supporting round-the-clock trading, according to The Block citing The Wall Street Journal.
How much of tokenized stocks is on Avalanche?
The Block’s headline frames Avalanche as representing about 5% of tokenized stocks, but the supplied summary does not include a supporting breakdown.
What was Avalanche’s market position during the report?
AVAX traded at $8.34, while DeFiLlama showed Avalanche TVL of $132.08 million, down 2.5% over seven days.
How much is 1 Avalanche worth in rupee today?
About ₹831.41 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $8.35. The rupee price moves with both AVAX's US-dollar price and the USDT/INR rate; use our Avalanche in rupee page for any amount.
Has Avalanche's price moved since this brief was published?
AVAX is up 0.12% since this brief first published — trading at ₹786 ($8.35) now versus ₹785 ($8.34) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Block. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.