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Blockchain.com & NYSE Unleash Tokenized US Stocks

Guavy AI Editorial Team
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BTC BNB AVAX
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Blockchain.com has partnered with the New York Stock Exchange (NYSE) to unlock tokenized US stocks and ETFs. This move follows a significant surge in demand for Bitcoin ETFs, which saw $1.7 billion in inflows over two days last week.

The NYSE's involvement with Blockchain.com is part of its efforts to explore the use of decentralized technologies like Avalanche's (AVAX). The exchange has been testing this technology for the past year, according to Charley Cooper, president of Ava Labs.

As a result of the partnership, users will be able to hold, send, and gift tokenized stocks with full privacy. Eleven 'bStocks' are already available on BNB Chain through AnomaPay.

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