Goldman Opens FTIXX Access to Crypto Firms Through Lynq

Goldman Sachs is making its existing Financial Square Treasury Instruments Fund, known as FTIXX, available to eligible U.S. institutional crypto firms through Lynq, a settlement network, with tZERO Securities providing the broker-dealer route. The arrangement gives participating firms a new way to access the roughly $100 billion money-market fund, but does not tokenize its shares or create a new fund product. The access arrangement was announced September 28. Lynq serves as a distribution and settlement channel for the conventional fund, while trades are handled through tZERO Securities. Access is limited to eligible U.S. clients who complete tZERO’s onboarding and eligibility checks and maintain a relationship with the broker-dealer. Reports say Lynq also updated its technology and integrated with Mosaic to support the offering. FTIXX is designed to seek income while maintaining liquidity and preserving capital through Treasury instruments, according to its prospectus. Goldman Sachs Asset Management reported a seven-day annualized yield of 3.59% for the institutional class as of September 9. That figure is dated and can change; it is not a guaranteed return.