Goldman Sachs Opens $100B Treasury Fund to Crypto Firms

Goldman Sachs is offering its roughly $100 billion FTIXX Treasury fund to institutional crypto firms through Lynq, a settlement network. Trades are handled by SEC-registered broker-dealer tZERO Securities. Unlike BlackRock's tokenized BUIDL or Franklin Templeton's BENJI, FTIXX stays a traditional fund. Lynq clients can earn yield on idle cash between trades. The fund is Lynq's first outside investment product.