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Morning Edition · Tuesday, September 29, 2026Published at 1:41 AM EDT · New York
Goldman Sachs Opens Its $100 Billion Treasury Fund to Crypto Trading Desks Without Tokenizing It
The fund reaches Lynq, a settlement network running on a permissioned Avalanche chain, through tZERO rather than as an on-chain token.
Goldman Sachs is making its roughly $100 billion Treasury fund available to digital-asset firms through Lynq, a settlement network used by trading institutions and built on a private, permissioned Avalanche layer-1 chain. Qualified United S…
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Race to Bank and Distribute Stablecoin Reserves
Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
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