Avalanche is experiencing a significant surge in institutional interest as Securitize, a prominent player in the financial technology sector, has officially selected AVAX as the underlying blockchain for its European trading system. This development holds great importance for several reasons: it not only highlights the growing acceptance of blockchain technology within mainstream finance, but also positions Avalanche as a competitive player in the rapidly evolving digital asset market. Additionally, the choice of AVAX by a respected firm like Securitize could pave the way for further institutional adoption, enhancing the credibility and visibility of the Avalanche network in the global financial landscape. This partnership may also stimulate innovation and investment in decentralized finance (DeFi) solutions, signifying a pivotal moment for both AVAX and the broader cryptocurrency ecosystem.
source: https://blocknews.com/avalanche-gains-institutional-momentum-as-securitize-chooses-avax-for-eu-trading-system-here-is-why-it-matters/
Brian
