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The New York Stock Exchange will use Avalanche infrastructure, but experts say that won't necessarily boost AVAX's price.

Schwab's latest token additions broaden access while platform data leave open whether growth will come from new investors or existing holders. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Avalanche will supply the proposed venue’s clearing ledger, while broker distribution predates the selection and regulatory approval remains required. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Avalanche’s AVAX token rose as much as 10% after the NYSE selected its blockchain to support settlement on a planned tokenized stock trading platform.

NYSE has chosen all settlement to take place on Avalanche alone, while the stocks themselves can still be listed on a range of blockchains.