Avalanche’s AVAX token reached a six-month high on Tuesday after Goldman Sachs made its $100 billion Treasury money-market fund available through Lynq, an institutional settlement network built on Avalanche blockchain technology. The move allowed qualified U.S. Participants to access the fund via Lynq, which is part of the Avalanche ecosystem. The development highlights the integration of traditional financial infrastructure with blockchain technology, expanding treasury and cash-management options for institutional clients. Lynq, developed by Arca Labs, Tassat, and tZERO, launched in July 2025 and supports real-time asset transfers and settlements. The Goldman fund itself is not tokenized, but tZERO facilitates access to it through Lynq.
Avalanche, a proof-of-stake blockchain, supports decentralized applications and customized Layer 1 networks. Its architecture includes C-Chain for smart contracts, P-Chain for validators, and X-Chain for digital assets. The network’s native token, AVAX, is used for transaction fees and staking, with a maximum supply of 720 million. Ava Labs, the company behind Avalanche, continues to build infrastructure around the network. The Goldman Sachs partnership provides another example of traditional financial systems being connected to blockchain technology, enhancing the use of digital assets in institutional settings.
This move allows Lynq users to access a major traditional cash-management option, reinforcing the role of Avalanche’s technology in real-time institutional settlement. The partnership also underscores the growing convergence of traditional finance and blockchain, offering new opportunities for institutional clients to manage assets across both systems.