The partnership lets institutional clients convert TFND shares into major stablecoins around the clock, extending funding and settlement beyond U.S. wire-transfer hours without requiring Lynq platform changes.
Lynq said it has partnered with digital asset firm Nonco to give institutional clients 24-hour access to stablecoin liquidity through over-the-counter settlement. The arrangement allows clients to convert tokenized fund shares, or TFND, into USDT, USAT, RLUSD and USDC, and back again, at any time, reducing reliance on U.S. wire transfers that operate only during domestic banking hours. In the initial phase, Nonco will act as an off-platform liquidity provider, with TFND holders sending shares to a designated Lynq wallet and receiving the equivalent stablecoin through direct wallet-to-wallet settlement at market rates. Lynq said the service is available immediately and requires no software or platform changes. The companies said the setup is intended to ease a longstanding operational constraint for institutions by creating an always-on route from cash-equivalent tokenized fund shares into transactional stablecoins, with the goal of faster settlement, higher transaction velocity and deeper liquidity across digital asset markets.