Avalanche-linked Lynq adds Goldman Sachs’ FTIXX fund for institutional settlement

Goldman Sachs’ FTIXX Treasury fund is being made available through Lynq, a settlement network powered by tZERO’s announcement, with Avalanche’s official account saying the network is built as a private, permissioned Avalanche L1 used by more than 30 institutional firms.

The setup is aimed at institutional users rather than retail traders. According to the Avalanche post, Lynq is designed to let firms put cash to work between trades and earn yield without leaving the infrastructure. The company also named several participants already associated with the network, including B2C2, Wintermute, Galaxy, FalconX and Fireblocks.

What stands out in the description is that the fund is being connected to a blockchain-based settlement rail without being presented as a tokenized product. That distinction matters because it frames Lynq as a distribution and settlement channel for a traditional fund, rather than a new onchain version of the fund itself.

tZERO’s announcement identifies Goldman Sachs’ FTIXX as the fund being brought to Lynq and says the network is powered by tZERO. The Avalanche account separately emphasized the permissioned Avalanche L1 structure, tying the settlement network to Avalanche’s institutional-facing infrastructure rather than to a public DeFi use case.

The development adds another visible example of a large traditional finance product being routed through crypto-native settlement infrastructure. Based on the statements shared by the companies involved, the core change is operational: institutions using Lynq can access the Treasury fund through that network while staying inside its settlement environment.