Ironlight has been approved to operate an alternative trading system in the United States that supports tokenized securities trading.

Odaily Planet Daily reports that Ironlight Markets, a subsidiary of Ironlight Group, has received FINRA approval to operate a U.S.-regulated alternative trading system (ATS) for trading traditional and tokenized securities. Ironlight's ATS reportedly combines a centralized order book with atomic on-chain settlement, enabling real-time trading and clearing. Its system allows banks, brokers, and registered investment advisors to connect via FIX or API interfaces, bringing the efficiency of blockchain to regulated markets. (CoinDesk)