PANews|Sep 18, 2026 05:55
[ICE Executive: Avalanche Meets Multiple Requirements for NYSE On-Chain ATS, Still Under Evaluation]
According to Avalanche's official X account, Michael Blaugrund, Vice President of Strategic Planning at Intercontinental Exchange (ICE) and former Chief Operating Officer of the New York Stock Exchange (NYSE), stated, 'In the process of evaluating different platforms, Avalanche meets many of our requirements, and we are in close contact with the team.' No cooperation agreement has been announced between the two parties, and this statement is an evaluation rather than a selection. ICE disclosed the ATS plan this February, aiming to combine the NYSE Pillar matching engine with on-chain settlement to support tokenized stock trading against stablecoins 24/7 with instant settlement. At the time, no specific blockchain was designated, only mentioning the use of a private permissioned chain.
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