U.S. regulated ATS
Ironlight has received approval from FINRA for its platform, marking the introduction of the first U.S. regulated alternative trading system (ATS) that features onchain atomic settlement. This approval is a significant milestone in the integration of blockchain technology within regulated financial frameworks. The platform aims to enhance trading efficiency by using atomic settlement, which allows transactions to be executed simultaneously, thus reducing counterparty risk. Ironlight’s innovative approach could reshape the landscape for trading in the U.S. by facilitating a more secure and efficient process. The use of onchain settlement positions Ironlight at the forefront of the evolving intersection between traditional finance and blockchain technology.
