Lighter CEO Vladimir Novakovski said the exchange plans to apply for U.S. designated contract market and derivatives clearing organization licenses, according to a BlockBeats account of an investor call.
Institutional access is the stated aim
Novakovski said the team had held discussions with CFTC staff and expected to submit applications the following month. He described the intended U.S. offering as serving institutions. The remarks describe an application plan, with regulatory approval still outstanding.
Source: BlockBeats, 2026-10-21 23:58:05 UTC.