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Avalanche Soars as Institutional Partnerships Ignite Tokenized Trading Dreams

Guavy AI Editorial Team
Instruments
AVAX
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Avalanche (AVAX) has seen its price climb around 9.5% after recent institutional engagement, particularly from major financial institutions such as the New York Stock Exchange and Intercontinental Exchange.

The NYSE and Intercontinental Exchange have been evaluating Avalanche's blockchain for use in a potential 24/7 tokenized securities trading platform, with technical testing having taken place but no formal agreement signed.

Janus Henderson has joined as a network validator, while New York Life Investment Management has launched a tokenized fund on Avalanche.

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