Unfortunately Governments, Banks, and large Institutions only buy #XRP via OTC Desks and dark pools which does not affect the price.
All sales should be done publicly on exchanges. Pass new laws and be fair to retail investors. @XRP@Ripple@bgarlinghouse@MonicaLongSF
Exactly the distinction people are missing! NYSE choosing Avalanche's technology doesn't mean every transaction will use or burn public AVAX. A custom Layer 1 can operate with its own gas structure.
And here's what's important: NYSE has already stated its platform will support securities across MULTIPLE blockchains.
XRP could still serve as a bridge asset for liquidity, cross-border settlement, and interoperability.
Avalanche provides infrastructure. XRP could provide liquidity between networks.
Different roles. One interconnected financial system. XRP is NOT out of the picture!
JUST IN: NYSE picks Avalanche to settle tokenized stocks.
Avalanche will serve as the core settlement ledger for the exchange's planned blockchain stock market.
Wall Street has never been particularly sentimental about legacy infrastructure when there’s a compelling economic reason to replace it. Markets have evolved before, and they’ll evolve again.
The upcoming NYSE-affiliated tokenized securities platform, built using Avalanche technology, is a significant development in that evolution.
For all the attention paid to 24/7 trading, the more consequential question has always been what happens after a trade is executed. Things like clearing, settlement, custody, and collateral mobility, are the much less glamorous mechanics of financial markets, but they’re also where most of the friction, cost, and trapped capital reside.
Blockchain offers an opportunity to fundamentally rethink that architecture at its core, rather than simply extend the operating hours of the existing one.
The New York Stock Exchange has selected Avalanche ($AVAX) as the exclusive blockchain for settling tokenized U.S. stocks on its upcoming 24/7 trading platform, according to the WSJ.
NYSE cited Avalanche’s speed, throughput and compliance capabilities.
The platform is targeting a Q4 launch, pending regulatory approval, with instant settlement and stablecoin funding.
Wild to think you can now lend and borrow against your $XLM using smart contracts on Stellar.
And DeFi on Stellar is only getting bigger, with more than $5B in real world assets now on the network!
Big speed milestone for $AVAX! ⚡
@avax now confirms transactions in under a second, and the team's favorite analogy for why it matters involves commuter trains.
The full story ⬇️
https://t.co/uGvJsSZVf7
i honestly don’t know why some won’t just listen to david.
there is NO secret plan.
there is NO 4D chess.
just a company building and we know what they’re doing.
like david has said many times before, if we thought the price should be higher and truly believed that, the price would be higher.
alas, we sit and wait.
🚨NEW: Financial giant Charles Schwab is bringing Solana, Avalanche and Chainlink to its crypto trading platform! 🇺🇸
With $13 TRILLION AUM and nearly 40 MILLION brokerage accounts, the move could open $SOL, $AVAX and $LINK to an enormous new pool of traditional investors.
Le New York Stock Exchange. Avalanche. L'avenir des marchés de capitaux mondiaux.
L'un des plus grands moments à ce jour pour l'adoption de la blockchain. https://t.co/55IQI5WfZU
Is $AVAX finally back?
Reports of The NYSE to use @avax to settle trades has pumped AVAX by more than 13%
And this on a day where $BTC has fallen below $75,000 and struggling to recover. 🤷
Our thesis on how $AVAX could be a top 10 crypto project again 🔽