FINRA Approves Ironlight Markets’ Tokenized ATS, Signaling Blockchain Integration in Finance

Ironlight Markets has received key approval from FINRA to operate an Alternative Trading System (ATS), enabling the trading of traditional and tokenized securities with instant settlement. This signifies a major step towards integrating blockchain technology within traditional finance. The on-chain settlement process by Ironlight, reported in CoinDesk on October 29th, represents one of the few instances where real-time clearing using blockchain is actively implemented in financial markets, potentially establishing a new industry standard.