Ironlight Wins FINRA Approval for First U.S. Regulated ATS With Onchain Atomic Settlement

Core Insights - Ironlight Markets has received regulatory approval to operate an alternative trading system (ATS) for both traditional and tokenized securities, including real-world assets (RWA) [1] - The approval positions Ironlight as one of the few U.S.-regulated platforms authorized to trade digital asset securities and the only one capable of atomic onchain settlement, allowing for instant trade clearing and settlement [1] Group 1 - The CEO of Ironlight Group, Robert McGrath, emphasized the significance of this approval in establishing an open-access, institutional-grade marketplace for tokenized assets [2] - Ironlight's ATS features a centralized order book combined with atomic onchain settlement, facilitating real-time trading and clearing [2] Group 2 - The system enables banks, brokers, and registered investment advisers to connect through FIX or API interfaces, enhancing blockchain efficiency in regulated markets [3] - With the approval in place, Ironlight plans to launch the platform targeting institutional participants in private credit, venture capital, and alternative investments [3] - The company aims to broaden access, collaborate with regulated custodians, and promote the adoption of tokenized infrastructure in global finance [3]