Goldman Sachs Unlocks FTIXX for Crypto Firms

Goldman Sachs has opened up access to its Financial Square Treasury Instruments Fund (FTIXX) for qualified crypto companies through Lynq and tZERO Securities. The FTIXX money market fund manages nearly $100 billion in assets and recorded an annualized yield of 3.59% for its institutional class as of September 9.

The initiative does not tokenize the fund or create a new product, but rather expands the distribution network toward institutional digital settlement infrastructure. This move aims to provide crypto market firms with accessible liquidity management, reducing their opportunity costs associated with holding large balances idle on exchanges and over-the-counter operations.

FTIXX is designed to generate current income while preserving capital and maintaining liquidity through high-quality instruments, according to its prospectus registered with the U.S. Securities and Exchange Commission. Goldman Sachs Asset Management recorded a seven-day annualized yield of 3.59% for the institutional class as of September 9.