Goldman Sachs Brings $100B Treasury Fund to Crypto Firms via Lynq

Goldman Sachs has partnered with Lynq to offer its $100B Treasury fund to crypto-native trading firms. This is not a tokenization of the fund, but rather a new distribution rail that lets these firms access it through blockchain-based settlement.

Lynq provides a platform for real-time settlement and has already onboarded over 30 institutional clients, including B2C2, Wintermute, and Galaxy. The Goldman Sachs fund is the first external product available on Lynq.

The value proposition for these firms is straightforward: they can earn yield in near-real-time without having to wire money out to a traditional brokerage account.

This move by Goldman Sachs sidesteps questions about token classification, custody standards, and cross-jurisdictional regulatory treatment. Lynq was established through a collaborative effort among Arca Labs, Tassat Group, and tZERO in July 2025.