🚀 Major Update: Goldman Sachs Expands Treasury Fund to Avalanche
Goldman Sachs is bringing its approximately $100 billion FTIXX Treasury fund to an Avalanche-based institutional network.
The fund will be offered through Lynq, a private permissioned Avalanche Layer 1 network utilized by over 30 leading digital asset firms—including Wintermute, Galaxy, FalconX, Crypto.com, and Fireblocks.
Key Highlights:
First External Fund: FTIXX becomes the first outside fund to be hosted on Lynq.
Institutional Utility: Provides institutions with a seamless way to park cash between trades, earn yield, and quickly redeploy capital when opportunities arise.
Traditional Distribution: Unlike tokenized funds such as BlackRock’s BUIDL or Franklin Templeton’s BENJI, FTIXX is not tokenized. Instead, Avalanche-based Lynq acts as a modern, efficient digital distribution channel for Goldman Sachs' traditional Treasury fund.
