The New York Stock Exchange (NYSE) has been testing Avalanche (AVAX) technology for the past year, exploring ways to apply it to its existing exchange systems, The Block reported. Charlie Cooper, President of Ava Labs, stated that the NYSE has looked into the feasibility of integrating Avalanche technology into its systems. Michael Blaugrund of Intercontinental Exchange (ICE), NYSE's parent company, also explained that they have been working closely with the Avalanche team while evaluating various blockchain platforms.