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Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

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Goldman Sachs made its Treasury money-market fund FTIXX available to qualified institutional crypto users through Lynq, a settlement network tied to Avalanche and run with tZERO involvement. The fund is being offered in its existing form rather than as a tokenized product, and the setup is aimed at institutional users rather than retail traders.

Key claims & sources

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Goldman Sachs’ FTIXX fund became available on Lynq as the first outside fund offered through the network, giving institutional digital-asset firms access to a traditional Treasury product without tokenization.
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Goldman Sachs’ FTIXX was presented as the first external fund available on Lynq, giving institutional digital-asset firms access to an existing money-market product without tokenization.
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tZERO’s broker-dealer handles the trades for the Goldman Sachs fund on Lynq, and the network runs on a private Avalanche blockchain.
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tZERO said on 28 September that qualified U.S. participants could reach the Goldman Sachs Financial Square Treasury Instruments Fund through the Lynq settlement network it powers.
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The fund was reported at about $105.3 billion in total assets at the end of August, with $97.3 billion in the Institutional Shares class that trade as FTIXX.
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Avalanche’s official account described Lynq as a private, permissioned Avalanche L1 used by more than 30 institutional firms.
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Goldman Sachs opened access to FTIXX for qualified crypto companies through Lynq and tZERO Securities, and the fund’s institutional class had an annualized yield of 3.59% as of September 9.

What it means

Institutional crypto firms, and the custodial and trading stack around them, now have another way to place cash into a Goldman Sachs Treasury fund through Lynq. That matters today because the access path is framed for qualified participants, not retail users, and it sits on a private Avalanche-based network with tZERO handling trades.

What changes in practice is that firms can reach FTIXX through Lynq without using a tokenized version of the fund, while the fund itself remains the same money-market product. What stays the same is that access is still limited to qualified U.S. or crypto participants rather than opening the product broadly to everyone.

Market reaction i

AvalancheAVAX the event is about this asset
first headline
-0.4% 2 h before
-1.4% 4 h after
$10.48price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 28 18:00
+2 h 11 m
Sep 28 20:10
Crypto Briefing context
Its angle: integration, efficiency, enhancing
+4 h 9 m
Sep 28 22:09
+11 h 50 m
Sep 29 05:50
Crypto News Australia adds
Adds $149.5B and $138.2B, with quotes
+19 h 24 m
Sep 29 13:23
The Cryptocurrency Post adds
Brings into the story: FTIXX, with quotes
+23 h 37 m
Sep 29 17:36
Crypto Economy echo
No new facts: withdrawals, opportunity, derivatives
+1 d 21 h
Sep 30 15:00
NewsBTC context
Its angle: participation, technological, enhancements; with quotes

What US 10-year Treasury has done before

WhenWhat happenedFigure
3 days ago US 10-year Treasury: 4.84 (-0.06) fall Nov 2026
4 days ago US 10-year Treasury: 4.9 (-0.05) fall Nov 2026
5 days ago US 10-year Treasury: 4.95 (+0.04) rise Nov 2026
6 days ago US 10-year Treasury: 4.91 (-0.03) fall Nov 2026
9 days ago US 10-year Treasury: 4.94 (-0.04) fall Oct 2026

FRED series, with the value of each release and its change.