Goldman Sachs is distributing its roughly $100 billion Treasury fund, FTIXX, through Lynq, giving eligible U.S. institutional crypto firms access to the conventional money-market product through blockchain-based settlement. The fund's assets are equivalent to approximately ¥15.7 trillion. FTIXX is not tokenized: transactions are processed by SEC-registered broker-dealer tZERO Securities, and clients must maintain a tZERO relationship and complete eligibility checks. The fund is Lynq's first external product and allows trading firms to invest cash between trades without using traditional brokerage settlement and wire processes. Lynq, which has onboarded more than 30 institutional clients holding more than $89 million in assets, runs on a private, permissioned Avalanche Layer 1 blockchain. Its approach contrasts with tokenized Treasury funds from BlackRock and Franklin Templeton while retaining FTIXX's existing legal and regulatory structure.