Lynq Launches: The First Real-Time Interest-Bearing Settlement Network Disrupting Finance
Move over, legacy banks—Lynq just rewrote the rulebook on settlement networks. This isn't your grandfather's wire transfer.
How it works: Lynq's real-time system slashes settlement times from days to seconds while generating yield on idle funds. No more choosing between liquidity and earning potential.
The catch? Traditional finance giants will either adopt this or start hemorrhaging clients to defi-native players. (Spoiler: They'll probably form a 'task force' to study it for 18 months first.)
Active assets, instant settlements, compounded interest—all while bypassing the usual custodial bottlenecks. The network effect could make this the Venmo of institutional crypto flows.
One question remains: Will banks finally innovate, or just buy some 'blockchain solutions' PowerPoint slides and call it a day?
Lynq, the real-time, interest-bearing settlement network for digital assets, announced that it has officially launched. This major milestone follows more than 18 months of market research, input and collaboration with leading digital asset firms—whose continued support reflects the growing institutional demand. The first transaction included the recording of clients’ assets on the Avalanche blockchain, followed by a successful account-to-account settlement on the Lynq network.
“Almost two years worth of work culminates in today’s launch of the next generation of institutional settlement infrastructure. Our partnership with Avalanche reflects a shared vision: to bring institutional finance into the future with reliable, high-speed infrastructure designed for scale and compliance,” said Jerald David, CEO of Lynq. “We are proud to bring Lynq to market and are grateful to our partners and early adopters whose collaboration and counsel helped shape a solution built by the industry, for the industry. ”
Clients began onboarding at tZERO Securities, Lynq’s Broker-Dealer, two months ago, with 13 digital asset companies currently onboarded and more than 50 additional clients in various stages of the process. Since inception, Lynq set out to solve fragmented settlement in the digital asset market and create a network of trusted counterparties on its platform. This consortium-driven approach enabled the development of a platform that delivers liquidity, scalability, and SOC II technology, while maximizing capital efficiency.
“This launch demonstrates how public blockchain infrastructure can validate real-time, institutional-grade settlement without compromising speed, trust, or transparency,” said Morgan Krupetsky, Head of Institutions & Capital Markets at Ava Labs. “Lynq is the result of a cross-industry effort to solve the longstanding limitations of post-trade processes, and we’re proud to see Avalanche serving as the foundational technology powering this new industry standard.”
Developed by Arca Labs, Tassat, and tZERO, Lynq leverages tZERO’s Broker-Dealer and Special Purpose Broker-Dealer licenses, Arca’s expertise in asset management, and Tassat’s proven, real-time blockchain technology. Lynq’s service partners include Avalanche, which provides the open-source LAYER one blockchain network, and U.S. Bank, the network’s qualified cash custodian. Together, this innovative architecture provides institutional clients with bankruptcy remote segregated account security and transparent proof of reserves on a familiar end-to-end platform.
Source: Lynq
