Lynq Aims to Overcome Fragmentation in Digital Asset Settlement
Lynq, formed in April 2024, is integrating Fireblocks’ infrastructure to streamline institutional access to its real-time yield-bearing settlement network for digital assets. The platform, set to launch in 2025, was developed by Arca Labs, Tassat Group, and tZERO Group over 18 months. It enables users to earn yield via transactions settled through a tokenized treasury fund.
Jerald David, former president of Arca Labs, was appointed CEO in May 2024. Under his leadership, Arca pioneered the first SEC-registered digital asset securities fund in 2019—the Arca US Treasury Fund—setting a regulatory precedent for the industry.