30 October 2025 | Thursday | News
Picture Courtesy | Public Domain
Ironlight Markets, LLC ("Ironlight"), a FINRA-registered broker-dealer and wholly owned subsidiary of Ironlight Group Inc., announced that it has received approval from the Financial Industry Regulatory Authority (FINRA) to operate an Alternative Trading System (ATS) supporting the issuance and secondary trading of both traditional and tokenized securities, including real-world assets (RWAs).
The approval makes Ironlight one of the few U.S.-regulated platforms authorized to trade digital asset securities, and the only U.S. platform capable of atomic settlement directly on-chain, where trades clear and settle instantly. This milestone establishes a new benchmark for speed, transparency, and compliance in regulated digital markets.
"FINRA's approval confirms Ironlight's leadership in building the first open-access, institutional-grade marketplace for tokenized assets," said Robert McGrath, CEO of Ironlight Group Inc. "By delivering atomic settlement and sub 20-microsecond trade matching, we're removing friction from the legacy clearing process and creating a direct bridge between the U.S. financial system and blockchain technology."
Ironlight's ATS integrates a centralized order book with atomic on-chain settlement, enabling real-time trading and clearing in under 20 microseconds. The system's open-access model allows any bank, broker, or registered investment advisor to connect through standard FIX or API interfaces, bringing the efficiency of blockchain to the entire regulated ecosystem.
"Our ATS clears and settles trades in a single atomic event—instantly and securely," said Matthew Celebuski, President of Ironlight Group Inc. "It's the infrastructure that allows institutions to finally access the benefits of tokenization without compromising on regulatory standards."
Fintech Business Asia, a business of FinTech Business Review
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