Digital asset settlement network Lynq welcomes its first institutional clients

2025/08/06 20:09

PANews reported on August 6th that Lynq, the digital asset settlement network jointly developed by Arca Labs, Tassat, and tZERO Group, has officially welcomed its first institutional clients. These include prominent market makers, OTC trading platforms, and liquidity providers such as 1Konto, StoneX, Archax, FinchTrade, GSR, JST Digital, and 677 Financial Group. The Lynq platform, based on Arca's issued U.S. Treasury bond funds, supports 24/7 real-time settlement and "revenue in transit" functionality, aiming to fill the capital management gap left by the exits of Signature and Silvergate banks. Currently, over 50 institutions are in the onboarding process, with US Bank providing cash custody services for the platform.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.