Goldman Sachs brings $100 billion in Treasury funds into the crypto market
2026-09-29 02:03:03
CoinMeta Data: Goldman Sachs is bringing in its approximately $100 billion in Treasury funds FTIIXX into digital asset companies to provide new distribution channels. The funds will be offered through a Lynq settlement network, with transactions handled by brokers Tzero Securities registered with SEC. This is the first external fund offered on Lynq, aimed at providing liquidity for institutional crypto companies. Jerald David, the CEO of Lynq, stated that FTIIXX provides companies using Lynq with the option to store cash during trading intervals, allowing customers to withdraw funds when needed and earn interest. The network currently collaborates with over 30 institutional digital asset companies, managing assets worth more than $89 million.
Source:CoinDesk
This content is for market information only and does not constitute investment advice.
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