Ava Labs president Tokunbo Omisore confirmed that NYSE parent ICE conducted approximately one year of technical testing of the Avalanche blockchain in connection with tokenization plans, describing a close working relationship. However, no formal selection of Avalanche has been announced, and the partnership remains exploratory.
For Armada's crypto repo desk, ICE's sustained engagement with a public Layer 1 for tokenization is a forward indicator that institutional-grade tokenized securities could eventually be issued on or bridged to chains already in Armada's collateral universe. While no immediate action is required, tracking whether ICE formalizes an Avalanche integration would inform future collateral eligibility decisions and custody considerations with Fireblocks.