NYSE Evaluates Avalanche for 24/7 Tokenized Securities Trading
According to cvj.ai, the New York Stock Exchange is evaluating Avalanche as the blockchain for its upcoming 24/7 tokenized securities trading platform. Michael Blaugrund, Vice President of Strategic Initiatives at Intercontinental Exchange, revealed that Avalanche’s custom L1 chains could streamline compliance and enable round-the-clock trading. This evaluation follows the SEC’s Innovation Exception, which legally permits tokenized stocks on DeFi venues.
Blaugrund stated during a fireside chat with Ava Labs President Charley Cooper that the exchange is looking carefully at whether Avalanche could serve as the solution for its regulated ATS. He emphasized that Avalanche checks many boxes for enabling decentralized technology to support the platform. The exchange manages over 2.5 billion shares and processes over 500 billion messages while positioning itself at the forefront of financial innovation.
Avalanche’s architecture allows NYSE to spin off its own L1 chain to define operating rules, including KYC procedures. Blaugrund highlighted that embedding KYC rules directly on-chain would streamline compliance for the regulated entity. The timing aligns with the SEC’s move to endorse blockchain technology’s potential to transform capital markets. If successful, the platform could pave the way for increased liquidity and greater accessibility for investors.
How the market reacted
Whalio's own Binance spot order flow for AVAX, measured when this story was written up on 19 September 2026. Not the outlet's figures.
AVAX is trading at $8.20 with a 1-hour buy ratio of 53.0% and a 4-hour buy ratio of 50.8%, compared to a 24-hour buy ratio of 50.1%. This indicates that buying pressure is building in the short term relative to the daily average. The 1-hour volume delta is positive at +$368,531, showing net inflows over the last hour. Over the past 24 hours, the volume delta stands at +$57,467, with a cumulative CVD of +$248,354 at close. These figures suggest that buyers have been in control for 12 of the last 24 hours. Spot volume reached $47,072,441 with 370,436 trades recorded in the same period.
The latest daily buy ratio of 49.4% sits at the 51st percentile of the last 324 days, against a median of 49.3% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for AVAX, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 47.0%, making the current 24-hour ratio of 50.1% an unusual day with 3.0 percentage points of net buying above average. Spot volume for the day was 2.71 times the weekly average, indicating significantly higher activity than usual. However, the 8-day volume delta total was -$6,955,573, showing that net selling pressure has dominated the broader weekly trend despite today's inflows. The price has risen 9.9% over the last 8 days, contrasting with the negative weekly volume delta. This suggests that while recent buying is strong, the coin has experienced net outflows over the longer timeframe.