Goldman Sachs brings $100B Treasury fund to Avalanche via Lynq

Goldman Sachs is making its flagship Treasury fund, FTIXX (roughly $100B in assets), available to institutional crypto firms through Lynq, the private, permissioned Avalanche L1 used by 30+ institutional digital-asset firms including B2C2, Wintermute, Galaxy, FalconX, Crypto.com, and Fireblocks. Trades are handled by SEC-registered broker-dealer tZERO Securities, and FTIXX is the first outside fund offered on Lynq, which previously carried just one investment product. Avalanche's John Nahas called the listing "EXACTLY the kind of infrastructure we've been working toward," with the network's X account amplifying the announcement alongside Charley Cooper's "very exciting news" post.

• The fund itself is not being tokenized — unlike BlackRock's BUIDL or Franklin Templeton's BENJI, Lynq acts as new distribution plumbing for the existing money-market fund, letting crypto firms earn yield on idle cash between trades.
• Lynq modified its technology, restricted access to U.S. clients, and integrated with Mosaic to list the fund; clients need a tZERO relationship and must pass onboarding and eligibility checks.
• CEO Jerald David framed the listing as evidence of convergence between traditional and digital-asset markets; Lynq reports $89M+ in assets and 30+ firms onboarded.
• CoinDesk detailed the move in a feature amplified by Avalanche's X account, following Tassat's migration of Lynq's institutional settlement to the L1 with sub-second finality.