Goldman Sachs connects the $100 billions Treasury Fund FTIXX to Lynq
Odaily reported that Goldman Sachs' $100 billion Treasury fund FTIXX has been launched on Lynq as the first external fund, providing institutional digital asset companies with access to traditional Treasury funds.
Unlike BlackRock BUIDL and Franklin Templeton BENJI, FTIXX will not be tokenized, and Lynq will only serve as a new distribution channel for this existing fund. Lynq clients can allocate cash to FTIXX during trading intervals to earn yields until the funds are needed for other purposes. (CoinDesk)
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