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Altcoins & DeFi

Avalanche Owns Five Percent of Tokenized Stocks

Image: The Block

One Venue, One Chain Over this past week, three U.S. tokenized stock venues picked three different blockchains to launch on. The WSJ reported Monday that NYSE chose Avalanche as the sole settlement chain for its planned 24/7 platform. On November 4, $CNTN became the first U.S. equity to trade under the SEC’s Innovation Exemption.

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