Core Insights - SKK Holdings Limited has appointed Chaince Securities LLC as its strategic advisor to develop a comprehensive tokenization and digital asset treasury strategy [1][2] - The collaboration aims to integrate digital asset capabilities into SKK's business model, enhancing capital efficiency and investor engagement [2][4] - SKK's CEO expressed confidence that this strategy will accelerate growth and add value for shareholders [3] Company Overview - SKK Holdings Limited is a civil engineering service provider based in Singapore, specializing in subsurface utility works [1][6] - The company has over 10 years of experience in various public utility projects, including power and telecommunication cable laying, water pipeline works, and sewer rehabilitation [6] Strategic Partnership - Chaince Securities will advise SKK on structuring its digital asset treasury, capital market strategy, and exploring staking and validator node opportunities [2][4] - This partnership reflects Chaince's expertise in bridging traditional finance with the digital asset economy [5][7]

Core Insights - Chaince Securities has been engaged as a strategic advisor by SKK Holdings to enhance its digital asset capabilities and integrate them into its corporate strategy [1][2][4] Company Overview - Chaince Securities, a FINRA-registered broker-dealer, specializes in equity capital markets, investment banking, and innovative financial solutions, with a focus on supporting the transition to digital finance [5] - SKK Holdings, listed on Nasdaq, is a civil engineering services provider based in Singapore, focusing on subsurface utility works and infrastructure projects [6] Strategic Engagement - The advisory engagement will cover areas such as digital asset treasury structuring, capital markets strategy, staking and validator node opportunities, and strategic partnership development within the blockchain and Web3 ecosystem [2][3] - The collaboration aims to modernize SKK Holdings' balance sheet, improve liquidity management, and explore asset tokenization as a core strategic pillar [3] Industry Impact - The partnership reflects a broader trend of integrating digital asset capabilities into traditional corporate strategies, highlighting the evolving landscape of capital markets [4][3]

Ironlight Markets, a FINRA-registered broker-dealer and subsidiary of Ironlight Group Inc., said it received regulatory approval to operate an alternative trading system (ATS) for both traditional and tokenized securities, including real-world assets (RWA). The authorization makes Ironlight one of the few U.S.-regulated platforms cleared to trade digital asset securities and the only one capable of atomic onchain settlement, in which trades clear and settle instantly. “FINRA’s approval confirms Ironlight ...

Core Viewpoint - AtlasClear Holdings, Inc. announced significant financial improvements for its subsidiary Wilson-Davis & Co, Inc. (WDCO), including revenue, net income, and net capital growth, alongside the execution of a new contract with Dawson James Securities as a correspondent clearing client [1]. Financial Performance - Wilson-Davis reported audited financials that indicate material improvements in revenue, net income, and net capital [1]. New Business Development - The company has secured a new introducing broker-dealer, Dawson James Securities, which has signed a contract to become a correspondent clearing client [1].

Core Viewpoint - A federal securities fraud class action against Virtu Financial Inc. has survived a motion to dismiss, and a tentative settlement has been reached with the SEC regarding allegations of inadequate disclosures to investors [1][5]. Group 1: Allegations and Legal Proceedings - The class action complaint alleges that Virtu Financial Inc. and its officers made false or misleading statements and failed to disclose deficiencies in their information access policies, overstating operational and technological efficacy [3]. - The court found that from January 2018 to April 2019, proprietary traders at Virtu could access material non-public information using widely known credentials, indicating potential reckless disregard for investor information [4]. - The court concluded that the inference of scienter, or knowledge of misleading statements, was compelling based on circumstantial evidence of the defendants' failure to inform investors about the FS Database issue [4]. Group 2: Settlement and Shareholder Actions - On July 1, 2025, the SEC and Virtu Financial Inc. announced a tentative deal to resolve the lawsuit concerning inadequate customer data protection, with settlement terms acceptable to both parties [5]. - Current shareholders who held Virtu stock since on or before November 7, 2018, can seek corporate reforms and the return of litigation defense funds at no cost [2][5].