Lynq Settlement Network Reflects Tokenization Trend
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Lynq, a soon-to-launch settlement network for institutions, will be powered by the Arca Institutional US Treasury Fund (TFND). TFND issues its shares via the Avalanche Blockchain and requires AML/KYC on subscribers. Client funds are held with US Bank. Lynq will utilize tZERO’s special purpose broker-dealer license and Tassat’s real-time blockchain infrastructure, which has settled over $2.5 trillion for institutions since 2017. B2C2, Galaxy, and Wintermute are also involved in the project.
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