Michael Blaugrund: Avalanche meets multiple requirements for on chain ATS on the New York Stock Exchange and is still under evaluation

Michael Blaugrund, Vice President of Strategic Planning at Intercontinental Exchange, stated that during the evaluation of different platforms, Avalanche met multiple requirements of the New York Stock Exchange's on chain ATS and had close contact with both parties. At present, the two parties have not reached a cooperation agreement, and this statement is in the evaluation stage. The Intercontinental Exchange disclosed its ATS plan in February, intending to combine the New York Stock Exchange Pillar matchmaking engine with on chain settlement, supporting tokenized stocks to trade stablecoins 24/7 and settle instantly. At that time, no blockchain was specified, only a private licensed chain was used.