avalanche

Aave posted on platform X that the loan exchange feature is now live on Aave Pro's Aave V4 Ethereum, Base, and Avalanche markets. Users can exchange loans from one asset to another without closing their positions, and this feature is supported by @CoWSwap.

This week, the New York Stock Exchange chose Avalanche to provide infrastructure for its upcoming tokenized securities platform. On Monday, Ava Labs announced that Avalanche will serve as the "core ledger technology" for the tokenized securities platform being developed by the NYSE's parent company, Intercontinental Exchange. The product is designed to support 24/7 trading, clearing, and settlement of tokenized securities, pending regulatory approval.Market maker GSR research analyst Carlos Guzman stated that this is a "significant victory for the project," as the NYSE's choice of its technology for settlement greatly enhances institutional credibility and validates the value that blockchain technology brings to traditional financial infrastructure through instant settlement and programmability. Luther Maday, North America head of crypto payment company Mercuryo, mentioned that this decision was made after approximately a year of testing on Avalanche, indicating that the network has passed tests for performance, reliability, and control.Experts also remind that providing infrastructure does not necessarily mean the long-term value of the AVAX token will rise. Guzman pointed out that while the NYSE will use Avalanche infrastructure for clearing and settlement, actual transactions will still occur off-chain, with related activities running on dedicated infrastructure rather than the public C-Chain that carries most of the network's activities. Misha Putiatin, founder of Symbiotic, stated that the main challenge for Avalanche is whether it can achieve "value capture" that is difficult for other blockchains. According to Decrypt data, AVAX rose 3.6% in the past 24 hours to $8.64.

According to Bloomberg, the New York Stock Exchange will settle tokenized stocks on the Avalanche blockchain.

Blockaid detected that the bridged token DAI.e on the Avalanche chain deviated from its pegged price, with the price in the active decentralized trading pool rising to about 1.1 USD.

According to GCSA monitoring, the Global Cybersecurity Alliance (GCSA) has released three independent technical investigation reports, disclosing several recent security risks related to digital assets. Attackers impersonated security@ku.com to lure users into downloading remote control programs. GCSA found that the relevant domain names had not previously configured DMARC; after notification, KuCoin has completed rectification and enabled DMARC isolation policies.After the original MCP toolkit referenced in Bitkub's official documentation was taken down, a third party re-registered the npm package name. The installation method without a fixed version and the risk of plaintext keys may lead to credential leakage; there is currently no actual evidence of theft, and Bitkub has not yet responded to the notification.The TranchePool treasury within the Avalanche ecosystem was attacked due to a cross-day settlement logic flaw, where attackers utilized flash loans and repeated withdrawals to transfer approximately 1.0134 million USDC within 202 seconds. This incident is categorized as a vulnerability in the upper application, and the underlying network was not affected. GCSA stated that it has reported the clues to the relevant platforms and published the original analysis and evidence for industry reference.

Aave officials stated that the deposit scale of Aave V4 on Avalanche has exceeded 125 million dollars.

According to official news from Binance, the platform has resumed withdrawals of POL, USDT, and USDC on the Polygon network, as well as AVAX, USDT, and USDC withdrawals on the Avalanche C chain.Binance stated that more assets and networks will be gradually restored for withdrawals after completing security checks.

Japan Tax Free, a Japanese duty-free service provider, announced that it will officially launch the yen stablecoin JPYC tax refund service in collaboration with UPBOND on November 1, providing an on-chain tax refund channel for foreign tourists visiting Japan.According to the new duty-free system implemented in Japan on the same day, tourists must first purchase goods at tax-included prices and then receive the tax refund after customs confirmation upon departure. The new service will issue JPYC to tourists using the wallet infrastructure provided by UPBOND, utilizing the Avalanche C-Chain.

Blockaid stated that it has detected that the Tranche Vault related to Valinor Digital on Avalanche is currently under attack. The attacker is using a flash loan to mint an inflated number of tiered shares, and then redeeming the remaining USDC from the vault.As of the time of posting, the attacker has transferred approximately $1.01 million from the vault through about 2 transactions.

According to the official blog of Avalanche, the Dubai International Financial Centre (DIFC) court has announced the adoption of Avalanche blockchain technology to provide globally verifiable digital authenticity certificates for its court orders and hearing records.The system binds encrypted hashes of documents to unique NFT certificates on the Avalanche C-Chain, allowing any institution to verify document authenticity within seconds without contacting the court, while the document content and confidential information are not stored on-chain, maintaining complete privacy.Avalanche's settlement speed is less than one second, and records are non-reversible. In addition, the Telecommunications and Digital Government Regulatory Authority (TDRA) of the UAE is also collaborating with Ava Labs to integrate Avalanche technology into the Digital Vault blockchain layer of the national digital identity platform UAE PASS, which serves over 12.5 million users, further promoting the construction of a credible verification system for government documents on-chain in the UAE.

Avalanche announced on October 13 that the Korean Securities Depository (KSD) is "building infrastructure connections based on Avalanche" for the Korean securities tokenization market. KSD's technical guidelines confirm that Avalanche is one of several ledger technologies supported by its platform plan; Avalanche's post states that the plan covers issuance, trading, clearing, settlement, and investor rights, ultimately achieving on-chain settlement.KSD's distributed ledger guidelines (reflecting development as of July 2026) place Avalanche alongside Hyperledger Besu and Hyperledger Fabric, committing to support multiple ledger technologies rather than positioning Avalanche as the sole option for Korean securities infrastructure. The project has transitioned from a testing ground to the construction phase of a production platform, with Samsung SDS winning the bid to build it, aiming to convert the technology testing platform into a system that supports real transactions and stable operations, with a target completion date of February 2027.The roadmap released by the Korean Financial Services Commission in September shows that the revised terms for recognizing tokenized securities will take effect on February 4, 2027, with the first phase launching in the same month, initially covering private money market funds and bonds aimed at institutional investors, non-listed stocks held through trust structures, and publicly issued fractional investment securities. The second phase will expand to all publicly issued securities. On-chain payments related to stablecoins belong to the final phase, and the commission remains flexible on the timing for the second and third phases, setting November 11 as the deadline for public consultation on the implementation regulations.

Driven by Securitize, Avalanche's tokenized stock market value increased by $246 million in September, the highest growth among all blockchains.

According to The Block, Charley Cooper, President of Ava Labs, stated that the New York Stock Exchange (NYSE) has been testing Avalanche technology over the past year and is collaborating with Ava Labs to explore how it can be integrated with the exchange's existing systems.Cooper mentioned that a close working relationship has been established between the two parties, but it has not yet been confirmed whether the NYSE will ultimately choose Avalanche as the blockchain for its tokenized securities platform. The NYSE announced in January this year that it is developing a platform for the tokenization of U.S. stocks and ETF trading and on-chain settlement.

During an interview with The Block at the New York Avalanche Summit, Bart Smith, CEO of Avalanche Treasury Co., stated that the view that block space is not infinite will be tested as AI agents enter the financial market. He pointed out that as long as AI agent activities reach the lower end of market expectations, relevant activities will occur on the blockchain, "there is not enough block space, and block space is no longer infinite."Smith believes that the expected demand for block space will make the technical differences between Layer 1 networks like Avalanche, Solana, and Ethereum even more important. He stated that theoretically, there are many subtle differences between these L1s, which users currently do not need to pay much attention to due to sufficient capacity, but "these differences will become important." The former executive, who worked at Susquehanna for nearly 14 years, also believes that Avalanche is best suited for business applications involving privacy and security.Smith expects that by mid-2027, traditional financial markets will shift to trading five days a week, 24 hours a day, and existing financial infrastructure will be unable to cope with round-the-clock trading. He stated that new infrastructure must be created, and it will not be built in the old way, "but rather built on the blockchain."

New York Life Investment Management will introduce its first tokenized fund, HYB, on the Avalanche platform.Through Centrifuge, HYB will bring NYLIM's U.S. high-yield corporate bond strategy on-chain, allowing eligible investors to access institutional-grade credit directly on Avalanche.

Aave plans to launch a real-world asset (RWA) lending center on Avalanche, allowing institutions to borrow stablecoins using tokenized financial assets as collateral without having to sell their existing holdings. Tether's USAT will serve as the primary source of dollar liquidity.Since the launch of Aave V4 on Avalanche two months ago, the deposit scale has exceeded 20 million dollars.

According to CoinDesk, Latin American telecom operator VIVA has become the first operator to launch the Iris network. Iris is a telecom settlement network based on Avalanche, founded by former IBM blockchain partner Jules Miller, which helps operators integrate identity, billing, and distribution systems into financial services without replacing existing telecom systems. VIVA has been operating in Bolivia for over 25 years and has recently expanded into the Mexican market.VIVA conducts transaction settlements using the US dollar stablecoin USDi issued by stablecoin infrastructure company Agora, and can hold eligible operational reserves in US dollars instead of local currency. Iris operates on a dedicated Avalanche Layer 1 to control settlement, operations, and compliance requirements. At the launch of Iris, it secured a commitment of $43 million from Balesia Group, a family office that has telecom operations in the Americas.Ava Labs Chief Business Officer John Nahas stated that the initial expansion of Iris will focus on Latin America and parts of Africa and Asia. He mentioned that the super app product used by VIVA has helped reduce the churn rate of prepaid mobile users by 33% and increase customer lifetime value by 35%. Iris is currently in discussions with more telecom operators worldwide to onboard additional operators and services.

Avalanche announced on the X platform that Aave will launch a dedicated RWA lending market on Avalanche. This RWA Hub will allow institutions to borrow stablecoins using tokenized financial assets as collateral, without having to sell their underlying positions.Tether's USAT will serve as the core of this market, providing the primary source of dollar liquidity and becoming one of its first major institutional use cases. Aave V4 has been live on Avalanche for just two months and has already attracted over $20 million in deposits. The RWA Hub expands this infrastructure to the tokenized financial market, enabling assets to be financed, collateralized, and utilized on-chain.

Avalanche posted on platform X, revealing that the United Arab Emirates is using Avalanche to support its national digital identity infrastructure, serving over 12 million people.UAE PASS is the country's national digital identity recognition system, providing citizens, residents, and visitors with a secure way to authenticate identity, sign documents, and access thousands of government and private sector services.

Arya.ag, an agricultural warehousing and loan company in India, is testing a system for tokenizing warehouse receipts for stored grains on the Avalanche dedicated Layer 1 blockchain. Arya.ag is collaborating with Finternet to connect grain storage, warehouse receipts, collateral commitments, and loan statuses through this network. Devika Mittal, head of Ava Labs India, stated that the testing is underway, with each tokenized warehouse receipt representing ownership of the stored goods.Sanmesh Kalyanpur, a director at Finternet Labs, mentioned that Arya.ag's samplers collect information on stored grains and input it into the company portal. Finternet will integrate farmers, commodities, warehouses, and insurance information into a "composite token" for banks to assess collateral risks. Arya.ag stores approximately $2 billion worth of agricultural products in its warehouse network and supports loans of about 120 billion Indian Rupees (approximately $1.26 billion) annually, with its loan department, Arya Dhan, disbursing around $230 million in loans each year.The concept of Finternet originated from a 2024 paper by the Bank for International Settlements (BIS), co-authored by Infosys co-founder Nandan Nilekani and then-BIS General Manager Agustín Carstens, proposing the establishment of an interconnected unified ledger for tokenized assets. In 2024, the Indian government launched a 10 billion Rupee credit guarantee scheme to encourage financing against electronic transferable warehouse receipts. The two companies have not disclosed the expected launch date or initial deployment scale.