NYSE Selected Avalanche After Testing Multiple Providers, Report Says

The @NYSE chose avax after testing multiple blockchain providers, according to a report circulated by the Avalanche network's official account on Nov. 9, 2026.

Kevin Tyrrell, chief product officer at the New York Stock Exchange, was cited in the report as pointing to speed and throughput among the reasons for the selection. The excerpt shared by avax was truncated, and the full remarks were not included in the post.

The claim originated with the third-party account cryptoreine and was reshared by avax rather than issued as a standalone statement by the exchange. Neither the NYSE nor the Avalanche Foundation published accompanying technical details, such as which Avalanche components — the primary network, an Evergreen subnet, or another deployment — would be involved.

Avalanche is a layer-1 blockchain whose ecosystem is supported by the Avalanche Foundation, the non-profit that funds grants, research, and developer programs. The network has positioned itself toward institutional use cases, and avax has recently posted about activity at the NYSE, including a "view from the @NYSE floor" and a reshare of NYSE commentary describing a "landmark step toward the next generation of global financial markets."

What to Watch

The report, as circulated, leaves open the scope and timeline of any NYSE deployment on Avalanche. Confirmation from the exchange, along with details on the specific architecture involved, would clarify whether the selection covers production settlement infrastructure or a pilot program.