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Goldman Sachs Just Put a $100B Treasury Fund on Avalanche Rails

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Goldman Sachs is making its $100 billion Financial Square Treasury Instruments Fund available through Lynq, a private Avalanche Layer 1 network used by more than 30 institutional digital-asset firms. Avalanche Lands Goldman Sachs Treasury Fund Through Lynq Goldman Sachs is pushing one of its largest cash-management products onto blockchain-linked market infrastructure, giving institutional investors another […] Crypto Insight Analysis: Direction: Bullish AVAX Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Goldman Sachs' adoption of Avalanche for a $100B fund boosts institutional confidence in the network.

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Goldman Sachs Just Put a $100B Treasury Fund on Avalanche Rails — Crypto Insight