Goldman Sachs Opens FTIXX to Institutional Crypto Firms @GoldmanSachs is extending the reach of its flagship government money-market fund to the institutional crypto market, without tokenizin
@GoldmanSachs is extending the reach of its flagship government money-market fund to the institutional crypto market, without tokenizing a single share. Goldman Sachs is putting one of its largest Treasury funds within reach of digital-asset firms without creating a tokenized version of it, with the bank's roughly $100 billion Treasury fund, FTIXX, getting a new distribution channel aimed at institutional crypto firms.
FTIXX is now available to qualified US clients on Lynq, a permissioned Avalanche L1 settlement network built by Arca Labs, Tassat, and @tZERO.Trading on the platform is handled by tZERO Securities, a broker-dealer registered with the US Securities and Exchange Commission.This is the first external fund introduced to the Lynq network, which previously only had a single investment product.
Unlike BlackRock's BUIDL and Franklin Templeton's BENJI, FTIXX is not being tokenized, with Lynq instead serving as a new distribution channel for the existing fund.FTIXX remains a conventional money-market product, subject to the same regulatory framework it always has been.Lynq clients can put cash into FTIXX between trades and earn yield until they need to deploy the money elsewhere.
Lynq was developed by tZERO, Arca Labs, and Tassat, and is supported by partners including Avalanche, B2C2, US Bank, Galaxy Digital, FalconX, Fireblocks, Crypto.com, and Wintermute.tZERO Securities, an SEC-registered broker-dealer and FINRA/SIPC member, serves as Lynq's broker-dealer operator, providing client onboarding and custody.
Lynq migrated in April 2026 to a permissioned Layer 1 infrastructure on @avax for better control over validators, configuration, privacy, and performance.The network operates on a private permissioned Avalanche Layer 1 blockchain and has connected over 30 institutional digital asset companies, with assets exceeding $89 million.
Getting FTIXX onto the network required Lynq to modify its technology, restrict access to US clients, and integrate with Mosaic. Customers also need a relationship with @tZERO Securities and must meet the required onboarding and eligibility checks.
Lynq CEO Jerald David stated that there is a convergence occurring between traditional market participants and digital asset market participants. The FTIXX listing marks a meaningful step in that direction, giving crypto-native trading desks a regulated, yield-generating home for idle capital without requiring them to step outside the blockchain-based settlement infrastructure they already use.
SourcesCoinDesk: Goldman Sachs brings $100 billion Treasury fund into crypto's institutional plumbingCrowdfund Insider: tZERO Partners on Goldman Sachs FTIXXBusinessWire: Lynq launches on Avalanche blockchain
