Wall Street Tests Avalanche for 24/7 Tokenized Trading; AVAX Drops 8% After Major Upgrade
- —Wall Street is testing Avalanche for 24/7 tokenized asset trading
- —AVAX dropped 8% after a major network upgrade
- —The test reflects growing institutional interest in tokenized equities and RWA
Why it matters: If major players adopt Avalanche for tokenized trading, it could intensify competition among L1s for institutional RWA flows.
Source: Google News (crypto query)