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NYSE tests Avalanche technology for its existing exchange systems

  • NYSE tested Avalanche technology for possible integration into its existing exchange systems.
  • One year was spent testing Avalanche and reviewing potential applications, The Block reported.
  • ICE worked with Avalanche while evaluating multiple blockchain platforms, according to Michael Blaugrund.

NYSE has spent the past year testing Avalanche technology and assessing whether it could be integrated into the exchange’s existing systems. Charlie Cooper, president of Ava Labs, said the exchange examined possible applications, while Michael Blaugrund of NYSE parent Intercontinental Exchange said ICE worked closely with Avalanche as it evaluated multiple blockchain platforms.

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