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      Goldman Sachs Connects $100 Billion Treasury Fund to Lynq Network

      Goldman Sachs has integrated its approximately $100 billion government bond fund, FTIXX, with the Lynq digital asset settlement network. This move introduces a new subscription channel aimed at institutional-level cryptocurrency companies. The fund will be listed on Lynq, with trading managed by tZERO Securities, a broker-dealer registered with the U.S. Securities and Exchange Commission. This marks the first external fund to be added to the Lynq network, which previously featured only a single investment product.

      Unlike many blockchain-based fund offerings on Wall Street, FTIXX has not been tokenized. In contrast, BlackRock's BUIDL is a tokenized fund, and Franklin Templeton provides tokenized shares of money market funds through its BENJI platform. Goldman Sachs has opted to maintain the traditional structure of FTIXX while utilizing Lynq to create new access points for digital asset companies. Jerald David, CEO of Lynq, emphasized the growing convergence between traditional financial market participants and those in the digital asset space.

      For institutions utilizing Lynq, FTIXX serves as a vehicle for storing cash and generating returns during trading gaps, with the option to redeem funds as needed. David noted that clients are increasingly seeking government bond assets on the platform that offer yields distinct from existing financial tools. Lynq has established partnerships with various firms, including B2C2, Wintermute, Galaxy, FalconX, Crypto.com, and Fireblocks, and operates on a private permissioned Avalanche Layer 1 blockchain, connecting over 30 institutional digital asset companies with assets exceeding $89 million.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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