Goldman Sachs Connects a $100 Billion Treasury Fund to Institutional-Grade Infrastructure in the Crypto Industry
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Goldman Sachs is providing digital asset companies with access to its large treasury fund without creating a tokenized version. Its treasury fund, FTIXX, with a scale of approximately $100 billion, will be opened up to institutional-grade crypto companies through Lynq, a settlement network used by digital asset firms. Related transactions will be handled by tZERO Securities, a broker-dealer registered with the U.S. Securities and Exchange Commission. Notably, this is the first external fund to be launched on Lynq, as the network previously offered only one investment product.