Goldman Sachs will offer its roughly $100 billion Treasury fund through Lynq

Goldman Sachs will make its roughly $100 billion Treasury fund, FTIXX, available to institutional crypto firms through Lynq. FTIXX will remain a traditional fund rather than a tokenized product. Lynq is a settlement network used by digital-asset companies. SEC-registered broker-dealer tZERO Securities will handle trades. This is the first outside fund offered on Lynq. Lynq previously had just one investment product on its network. Lynq clients can put cash into FTIXX between trades. They can earn yield until they need to deploy the money elsewhere. BlackRock built BUIDL as a tokenized fund. Franklin Templeton offers tokenized shares of its money market fund through BENJI. Goldman Sachs does not have to build a new blockchain product to reach crypto firms. Lynq is trying to bring an established Wall Street fund into the same workflow those firms already use to move money.