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Lynq, the Real-Time Interest-Bearing Settlement Network, Launches with First Transaction on the Avalanche Blockchain and First Peer-to-Peer Transfer on Platform

Lynq, the Real-Time Interest-Bearing Settlement Network, Launches with First Transaction on the Avalanche Blockchain and First Peer-to-Peer Transfer on Platform

Partners include Arca, Avalanche, B2C2, Crypto.com, FalconX, Fireblocks, Galaxy, Tassat, tZERO, U.S. Bank and Wintermute

Lynq, the real-time, interest-bearing settlement network for digital assets, announced that it has officially launched. This major milestone follows more than 18 months of market research, input and collaboration with leading digital asset firms—whose continued support reflects the growing institutional demand. The first transaction included the recording of clients’ assets on the Avalanche blockchain, followed by a successful account-to-account settlement on the Lynq network.

“Almost two years worth of work culminates in today’s launch of the next generation of institutional settlement infrastructure. Our partnership with Avalanche reflects a shared vision: to bring institutional finance into the future with reliable, high-speed infrastructure designed for scale and compliance,” said Jerald David, CEO of Lynq. “We are proud to bring Lynq to market and are grateful to our partners and early adopters whose collaboration and counsel helped shape a solution built by the industry, for the industry.”

Clients began onboarding at tZERO Securities, Lynq’s Broker-Dealer, two months ago, with 13 digital asset companies currently onboarded and more than 50 additional clients in various stages of the process. Since inception, Lynq set out to solve fragmented settlement in the digital asset market and create a network of trusted counterparties on its platform. This consortium-driven approach enabled the development of a platform that delivers liquidity, scalability, and SOC II technology, while maximizing capital efficiency.

Also Read: CIO Influence Interview with Dipto Chakravarty, Chief Product and Technology Officer at Black Duck

“This launch demonstrates how public blockchain infrastructure can validate real-time, institutional-grade settlement without compromising speed, trust, or transparency,” said Morgan Krupetsky, Head of Institutions & Capital Markets at Ava Labs. “Lynq is the result of a cross-industry effort to solve the longstanding limitations of post-trade processes, and we’re proud to see Avalanche serving as the foundational technology powering this new industry standard.”

Developed by Arca Labs, Tassat, and tZERO, Lynq leverages tZERO’s Broker-Dealer and Special Purpose Broker-Dealer licenses, Arca’s expertise in asset management, and Tassat’s proven, real-time blockchain technology. Lynq’s service partners include Avalanche, which provides the open-source layer one blockchain network, and U.S. Bank, the network’s qualified cash custodian. Together, this innovative architecture provides institutional clients with bankruptcy remote segregated account security and transparent proof of reserves on a familiar end-to-end platform.

Also Read: The CIO’s New Mandate: Weaving the Unified Data Fabric for AI-Powered Enterprise Decisions

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