Goldman Sachs Brings Treasury Fund to Avalanche via Lynq
Avalanche (AVAX) has seen significant institutional interest following Goldman Sachs' move to integrate its flagship Treasury fund onto Lynq, a permissioned Avalanche-based platform.
Lynq enables tokenization and trading of traditional financial instruments like Treasuries for professional digital asset firms. The entry of Goldman Sachs marks a key step in bridging conventional financial instruments with blockchain networks through the tokenization of real-world assets (RWAs).
Avalanche's RWA market capitalization has increased by $266 million over the past month, surpassing the combined growth of its competitors.