s/joeykrugONCHAIN TREASURIES•1d
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Goldman Sachs’s $100 billion Treasury fund lands on Lynq
Institutional traders can now put idle cash into Goldman Sachs’s roughly $100 billion Treasury fund without leaving Lynq. That turns the cash sitting between trades from dead weight into a yield-bearing position.
FTIXX is available to qualified U.S. participants through tZERO and Lynq, a private, permissioned Avalanche L1 with real-time settlement. More than 30 institutional firms use Lynq, which has $89 million in assets.
FTIXX is available to qualified U.S. participants through tZERO and Lynq, a private, permissioned Avalanche L1 with real-time settlement. More than 30 institutional firms use Lynq, which has $89 million in assets.
Timeline3
1d
tZERO announced access to Goldman Sachs’s FTIXX fund through Lynq’s real-time settlement network.
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Avalanche described the fund as a roughly $100 billion Treasury product coming to its Lynq platform.
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Cointelegraph reported that the fund was moving onchain through Avalanche-based Lynq.
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