Goldman Sachs' $100B Fund Heads to Avalanche: Will Price Keep Climbing?
Avalanche's price surged after news broke that Goldman Sachs is bringing its $100B flagship Treasury fund to the network.
The official Avalanche account on X announced that the fund will be offered through Lynq, a private, permissioned Avalanche L1 used by more than 30 institutional digital asset firms.
The goal of this move is to allow institutions to earn yield on idle cash between trades without leaving their existing infrastructure.