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The New York Stock Exchange has spent roughly a year testing Avalanche blockchain technology as it builds infrastructure for a planned tokenized securities platform, Ava Labs President Charley Cooper disclosed Thursday at the Avalanche Summit in New York.

The infrastructure for trading traditional stocks on blockchains advanced on multiple fronts this week, with Binance BNB crossing a key milestone for its tokenized equities product, Securitize debuting on the New York Stock Exchange, and Ondo Finance launching SEC-aligned tokenized…