ICE Executive: Avalanche Meets Multiple Requirements for NYSE On-Chain ATS, Still Under Evaluation

PANews, September 18 - According to Avalanche's official X account, Michael Blaugrund, Vice President of Strategic Planning at Intercontinental Exchange and former Chief Operating Officer of the New York Stock Exchange, stated, "In evaluating different platforms, Avalanche meets many of our requirements, and we are in close contact with the team." No cooperation agreement has been announced by either party, and this statement constitutes an evaluation rather than a selection. ICE disclosed the ATS plan in February this year, aiming to combine the NYSE Pillar matching engine with on-chain settlement to support 7×24 trading of tokenized stocks against stablecoins with instant settlement. No specific blockchain was designated at that time, with only a private permissioned chain mentioned.