Ironlight wins FINRA approval for first US regulated ATS with Onchain Atomic Settlement
Ironlight Markets, a finra-registered broker-dealer and subsidiary of Ironlight Group Inc., said it has 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 US-regulated platforms to trade digital asset securities and the only one capable of atomic onchain settlement, where trades are transparent and settle instantly.
“Finra’s approval validates Ironlight’s leadership in developing the first open-access, institutional-grade marketplace for tokenized assets,” Robert McGrath, CEO of Ironlight Group, said in a statement.
“By delivering atomic settlement and sub-20 microsecond trade matches, we’re removing friction from the legacy clearing process and creating a direct bridge between the US financial system and blockchain technology.”
Ironlight’s ATS integrates a centralized order book with atomic onchain settlement, enabling real-time trading and clearing.
The system allows banks, brokers and registered investment advisors to connect through FIX or API interfaces, bringing blockchain efficiency to regulated markets.
Upon approval, Ironlight plans to launch the platform to institutional participants across private credit, venture capital and alternative investments.
The firm aims to expand access, partner with regulated custodians and accelerate the adoption of tokenized infrastructure in global finance.
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