tZERO integrates the Goldman Sachs money market fund on the Avalanche network

A traditional fund on blockchain infrastructure. tZERO provides eligible U.S. companies with access to the Goldman Sachs Financial Square Treasury Instruments Fund (FTIXX) from Lynq, an institutional settlement network built on Avalanche. The operation does not transform the fund's shares into tokens: it uses the blockchain to modernize their distribution and flow management.

Goldman Sachs opens its money market fund to Lynq clients

The Goldman Sachs Financial Square Treasury Instruments Fund invests primarily in short-term U.S. government debt securities. Its objective is to preserve capital, maintain high liquidity and generate a return close to monetary rates.

According to the latest statement filed with the Securities and Exchange Commission (SEC), FTIXX held approximately $105 billion in net assets at the end of August. Its institutional category alone represented nearly $97.3 billion.

Through tZERO Securities, eligible US Lynq participants can now subscribe to or redeem units of the fund. They must nevertheless go through the usual identification and verification procedures of the regulated broker.

The service targets digital asset trading companies in particular. Between two transactions, these companies sometimes keep large sums of dollars that produce no return. Access to FTIXX allows them to park that cash in U.S. Treasury securities and then get it back when a new transaction requires cash.

FTIXX thus becomes the first external fund distributed on Lynq and the second investment product available on the network.

Lynq uses Avalanche without tokenizing FTIXX shares

Launched in July 2025, Lynq was developed by Arca Labs, Tassat and tZERO. Its infrastructure is based on an Avalanche blockchain reserved for authorized actors. The network seeks to offer real-time settlement while allowing businesses to maintain interest-bearing balances between their transactions.

More than 30 institutional clients currently use Lynq, with approximately $89 million in network assets. Several industry companies, including B2C2, Galaxy, FalconX, Crypto.com and Wintermute, participated in its initial deployment.

However, the arrival of FTIXX does not correspond to a tokenization of the fund. Investors receive regular institutional shares, while Lynq serves as access and settlement infrastructure. The blockchain therefore intervenes in the circulation of information and payments, without creating a negotiable digital representation of the title.

Goldman Sachs separately offers a category called GDTXX, whose ownership can be recorded by intermediaries on a distributed ledger. This category, however, only held approximately $10,400 at the end of August and is not the product distributed by tZERO.