Geopolitics Alpha

New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks

Published . Updated .

Key takeaways

  • The New York Stock Exchange's (NYSE) has chosen Avalanche (CRYPTO: $AVAX) to settle tokenized stocks that trade...
  • Exposed: IAI, ICE, CME, CBOE, NDAQ
  • Market reaction: IAI +2.6% on the day; ICE +1.0% on the day; NDAQ +1.3% on the day

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks

The New York Stock Exchange's (NYSE) has chosen Avalanche (CRYPTO: $AVAX) to settle tokenized stocks that trade...

Directly affected

  • No company is named in this report.

Indirectly affected

  • IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF

    iShares U.S. Broker-Dealers & Securities Exchanges ETF: it holds exchanges and brokers. Linked by “stock exchange” (exchanges and trading) in this story.

  • IBIT iShares Bitcoin Trust-8.0% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story.

  • COIN Coinbase Global-29.8% 30d

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • ICE Intercontinental Exchange+12.7% 30d

    Intercontinental Exchange (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “stock exchange” (exchanges and trading) in this story.

  • CME CME Group+3.6% 14d

    CME Group (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “stock exchange” (exchanges and trading) in this story.

  • MSTR Strategy-16.4% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • CBOE Cboe Global Markets+32.5% 30d

    Cboe Global Markets (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “stock exchange” (exchanges and trading) in this story.

  • NDAQ Nasdaq+15.7% 30d

    Nasdaq (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “stock exchange” (exchanges and trading) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IAI+1.09%+4.45%base+2.57%after closeafter closeafter close
IBIT+1.12%+5.69%base-1.32%after closeafter closeafter close
COIN+2.28%+12.47%base+1.01%after closeafter closeafter close
ICE-0.01%+1.55%base+1.01%after closeafter closeafter close
CME+0.11%+0.73%base-0.48%after closeafter closeafter close
MSTR+1.36%+10.45%base-2.59%after closeafter closeafter close
CBOE-0.97%-2.19%base-0.08%after closeafter closeafter close
NDAQ+1.47%+2.45%base+1.31%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks Yahoo Finance

Source: Yahoo Finance

Ishares Tr (IAI)

Across 3 earlier stories, Ishares Tr (IAI) the next day averaged -3.04%. The largest gain was -0.61% and the largest drop was -4.26%, from 3 prices.

CompanyWhenAverageLargest gainLargest dropPrices
Ishares Tr (IAI)the next day-3.04%-0.61%-4.26%3
Ishares Tr (IAI)three days later+1.17%+1.17%+1.17%1
Intercontinental Exchange (ICE)the next day-0.41%+1.81%-1.52%3
Intercontinental Exchange (ICE)three days later+1.84%+1.84%+1.84%1
Cme Group (CME)the next day-0.13%+1.06%-0.72%3
Cme Group (CME)three days later+0.17%+0.17%+0.17%1
Cboe Global Markets (CBOE)the next day+2.39%+2.72%+2.23%3
Cboe Global Markets (CBOE)three days later+2.81%+2.81%+2.81%1

Price since this story was published: Ishares Tr (IAI)

CompanyWhenMoveStatus
Cboe Global Markets (CBOE)that day-0.08%final price
Cboe Global Markets (CBOE)three days earlier-2.19%final price
Cboe Global Markets (CBOE)five days earlier-0.97%final price
Cme Group (CME)that day-0.48%final price
Cme Group (CME)three days earlier+0.73%final price
Cme Group (CME)five days earlier+0.11%final price
COINthat day+1.01%final price
COINthree days earlier+12.47%final price
COINfive days earlier+2.28%final price
Ishares Tr (IAI)that day+2.57%final price
Ishares Tr (IAI)three days earlier+4.45%final price
Ishares Tr (IAI)five days earlier+1.09%final price
IBITthat day-1.32%final price
IBITthree days earlier+5.69%final price
IBITfive days earlier+1.12%final price
Intercontinental Exchange (ICE)that day+1.01%final price
Intercontinental Exchange (ICE)three days earlier+1.55%final price
Intercontinental Exchange (ICE)five days earlier-0.01%final price
MSTRthat day-2.59%final price
MSTRthree days earlier+10.45%final price
MSTRfive days earlier+1.36%final price
Nasdaq (NDAQ)that day+1.31%final price
Nasdaq (NDAQ)three days earlier+2.45%final price
Nasdaq (NDAQ)five days earlier+1.47%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Tr (IAI)

Companies mentioned with this story

  • IAI Ishares Tr

    For “New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks,” Ishares Tr (IAI) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Broker-Dealers & Securities Exchanges ETF: it holds exchanges and brokers. Linked by “stock exchange” (exchanges and trading) in this story

  • ICE Intercontinental Exchange

    In “New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks,” Intercontinental Exchange (ICE) is linked, with no stored direction, medium confidence. Reason on file: Intercontinental Exchange (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “stock exchange” (exchanges and trading) in this story

  • CME Cme Group

    Cme Group (CME) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks.” Reason on file: CME Group (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “stock exchange” (exchanges and trading) in this story

  • CBOE Cboe Global Markets

    In “New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks,” Cboe Global Markets (CBOE) is linked, with no stored direction, medium confidence. Reason on file: Cboe Global Markets (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “stock exchange” (exchanges and trading) in this story

  • NDAQ Nasdaq

    For “New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks,” Nasdaq (NDAQ) is linked, with no stored direction, medium confidence. Reason on file: Nasdaq (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “stock exchange” (exchanges and trading) in this story

Ishares Tr (IAI)

The 9 Nov 2026 story “New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks” names Ishares Tr (IAI) because of this story.

Ishares Tr (IAI) is on the page because iShares U.S. Broker-Dealers & Securities Exchanges ETF: it holds exchanges and brokers. Linked by “stock exchange” (exchanges and trading) in this story

A second company, Intercontinental Exchange (ICE), is listed for a different reason: Intercontinental Exchange (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “stock exchange” (exchanges and trading) in this story

Dates in the story, and the Ishares Tr (IAI) price range

CME traded between 290.48 and 312.24 across 14 sessions. The latest close on file is 305.94. ICE traded between 153.89 and 177.20 across 20 sessions. The latest close on file is 172.29.

How strong the case is around Ishares Tr (IAI)

40 out of 100

“New York Stock Exchange Taps Avalanche To Settle Tokenized Stocks” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.