Institutional Crypto Adoption Grows as Goldman Sachs Treasury Fund Goes On-Chain - Tekedia
Oct 03 2026 12:48 UTC - Paul Ugbede Godwin
Goldman Sachs is taking another step toward the convergence of traditional finance and blockchain technology, as its roughly $100 billion Treasury fund, FTIXX, becomes accessible to institutional crypto firms through Lynq, an Avalanche-based network. The development represents a significant shift in how large financial institutions are beginning to use blockchain infrastructure—not simply for trading digital […]
➤ Goldman Sachs is tokenizing its $100 billion Treasury fund (FTIXX) on the Avalanche-based Lynq network, allowing institutional crypto firms to access U.S. Treasury securities for yield generation.
➤ This move signifies a growing trend of traditional financial institutions leveraging blockchain for managing and settling traditional assets, blurring the lines between TradFi and digital finance.
➤ The article also notes Bitcoin's strong Q3 performance, outperforming traditional assets like the S&P 500 and gold, indicating the increasing relevance and resilience of the digital asset market.
Read more at: https://rwatimes.io/articles/tekedia-institutional-crypto-adoption-grows-as-goldman-sachs-treasury-fund-goes-on-chain-tekedia-1464559077?utm_source=binance
Oct 03 2026 12:48 UTC - Paul Ugbede Godwin
Goldman Sachs is taking another step toward the convergence of traditional finance and blockchain technology, as its roughly $100 billion Treasury fund, FTIXX, becomes accessible to institutional crypto firms through Lynq, an Avalanche-based network. The development represents a significant shift in how large financial institutions are beginning to use blockchain infrastructure—not simply for trading digital […]
➤ Goldman Sachs is tokenizing its $100 billion Treasury fund (FTIXX) on the Avalanche-based Lynq network, allowing institutional crypto firms to access U.S. Treasury securities for yield generation.
➤ This move signifies a growing trend of traditional financial institutions leveraging blockchain for managing and settling traditional assets, blurring the lines between TradFi and digital finance.
➤ The article also notes Bitcoin's strong Q3 performance, outperforming traditional assets like the S&P 500 and gold, indicating the increasing relevance and resilience of the digital asset market.
Read more at: https://rwatimes.io/articles/tekedia-institutional-crypto-adoption-grows-as-goldman-sachs-treasury-fund-goes-on-chain-tekedia-1464559077?utm_source=binance