Pharaoh Plans Tokenized U.S. Stocks on Avalanche With 24/7 Trading

Pharaoh Exchange is planning to bring tokenized U.S. stocks to Avalanche, according to an announcement amplified by @AvaxTeam1 on September 20, 2026.

The proposal centers on 24/7 trading of tokenized U.S. equities connected to onchain liquidity — a structure that would let equities trade outside traditional market hours against the same pool depth that powers the decentralized exchange.

Pharaoh is a concentrated-liquidity x(3,3) metaDEX built specifically for the Avalanche C-Chain. The protocol is designed to keep liquidity pools deep and slippage low, particularly for stablecoin pairs, and allows the community to help decide how rewards are distributed. According to the project, Pharaoh carried roughly $31 million in total value locked with active fee revenue as of 2026.

Pharaoh is also listed in the Cascade ecosystem directory, Team1's map of the Avalanche ecosystem, under the DEX category as a Team1 partner project.

Tokenized Equities on Avalanche

The announcement lands amid a broader push toward real-world asset tokenization on Avalanche. Prior coverage has tracked institutional tokenization efforts on the network, including Hanwha's backing of an Avalanche tokenization platform and the Avalanche Summit's focus on bringing traditional finance onchain.

Pharaoh did not disclose a launch date, specific equity tickers, or the issuance mechanism for the tokenized shares in the announcement.

What to watch for: whether Pharaoh follows with a timeline, which U.S. equities would be included, and how the protocol handles the compliance and market-hours questions that typically accompany tokenized equity products.