Goldman Sachs2026-09-29 02:07:33Goldman Sachs Treasury Fund Goes Live on Lynq for Eligible U.S. Crypto InstitutionstZERO said on Sept. 28 that Goldman Sachs Asset Management’s Treasury money market fund, FTIXX, has been listed on Lynq, a real-time settlement network built for crypto institutions. The fund had about $105 billion in net assets at the end of August and is the first external fund available on the network. The setup gives eligible U.S. institutions a way to place idle cash into a U.S. Treasury-backed product between trades and redeem when liquidity is needed. Lynq was developed by tZERO, Arca Labs, and Tassat, and runs on a permissioned Avalanche blockchain. According to CoinDesk, clients on the network include B2C2, Wintermute, Galaxy Digital, FalconX, Crypto.com, and Fireblocks. Unchained reported that Lynq currently has more than 30 institutional clients and roughly $89 million in assets on the network. Subscriptions and redemptions for the fund are handled by SEC-registered broker-dealer tZERO Securities, and access is currently limited to U.S. clients that pass onboarding and eligibility checks. The move also stands out because it does not rely on tokenization. Unchained said Lynq is offering FTIXX’s standard institutional share class, which had about $97.3 billion at the end of August, while the fund’s tokenized share class, GDTXX, had only $10,400 at the same time.20
tZERO2026-09-28 23:32:31tZERO connects regulated broker-dealer service to Goldman Sachs’ FTIXX fundDigital asset trading platform tZERO said it will connect its regulated broker-dealer service to Goldman Sachs’ Financial Square Treasury Instruments Fund, known as FTIXX. The service will be made available to eligible U.S. participants through Lynq, the real-time settlement network supported by tZERO. According to the company, the move is designed to broaden Lynq’s institutional treasury and cash management capabilities while linking an institutional investment product with real-time settlement infrastructure built for both traditional and digital assets. The announcement points to a regulated access route that combines fund exposure with settlement rails intended for institutional use.20
Goldman Sachs2026-09-28 18:01:15Goldman Sachs brings its roughly $100 billion Treasury fund to Lynq without tokenizing itGoldman Sachs is making its roughly $100 billion Treasury fund, FTIXX, available to institutional digital-asset firms through Lynq, a settlement network used by crypto companies, without turning the fund into a tokenized product. The move makes FTIXX the first outside fund offered on Lynq, where trades will be handled by SEC-registered broker-dealer tZERO Securities. Unlike BlackRock’s BUIDL and Franklin Templeton’s BENJI structure, Goldman is keeping FTIXX in its existing traditional form and using Lynq purely as a new distribution channel. Lynq CEO Jerald David said the product answers client demand from firms that need a place to park cash between trades and earn yield until the money is needed again. He also said bringing the fund onto the network required technology changes, U.S.-only access restrictions, and integration with Mosaic. Lynq runs on a private, permissioned Avalanche Layer 1 blockchain and, according to the company, has onboarded more than 30 institutional digital-asset firms and holds more than $89 million in assets.20
