Goldman Sachs Moves $100B Treasury Fund Onto Avalanche Via Lynq
Goldman Sachs is bringing its $100B flagship Treasury fund to Avalanche through Lynq, a permissioned L1 used by 30+ institutional firms. Team1 Africa launched as a 10-country builder network, and Avalanche's Builder Hub opened an audit marketplace with up to 75% cost subsidies.
Key Highlights
Goldman Sachs is bringing its $100B flagship Treasury fund to Avalanche via Lynq, a permissioned L1 used by 30+ institutional firms including Galaxy and Wintermute.
avalanche-developers said the Avalanche Audit Marketplace launched on Builder Hub, with up to 75% of audit costs subsidized and $0 fees.
Team1 Africa launched Sept. 30, linking Avalanche communities across 10 countries after 120+ events, 3,500+ attendees and 250+ developers activated.
avalanche-foundation said Avalanche led all chains in 30-day RWA market cap growth at +$266M and drew $131.2M in tokenized stock inflows over seven days ending Sept. 28 — both self-reported figures.
Avalanche DeFi TVL stood at $636.3M with $193.92M in 24-hour DEX volume; $COQ fell 14.5% while $PNG gained 3.8%.
Full Analysis
Crypto opened Q4 consolidating, with Bitcoin pinned in an $82,000–$85,000 range as sticky PCE inflation and elevated bond yields capped upside against a constructive ETF backdrop ($6.3B in Q3 inflows). Avalanche's week ran on institutional plumbing rather than price: Goldman Sachs is bringing its $100 billion flagship Treasury fund to the chain through Lynq, the permissioned Avalanche L1 that has already migrated institutional settlement and counts more than 30 institutional firms as users, including Galaxy and Wintermute.
Goldman Sachs Lands via Lynq
The Goldman fund news, published Sept. 30, followed Lynq's settlement migration onto an Avalanche L1 earlier in the week. avalanche-foundation amplified Lynq Network's Jerald David on why the bank picked Avalanche, citing L1 privacy, speed, customization and interoperability. team1-latam shared the Goldman move alongside a bullish gAVAX signal on Sept. 28, framing it as an institutional adoption milestone for the ecosystem. The same week, BlackRock's Maxwell Stein told Avalanche Summit NYC that blockchain is the path to round-the-clock markets — remarks avalanche-foundation surfaced on Sept. 28. Together the two appearances put two of the largest asset managers in traditional finance on the same Avalanche stage within days.
Builder Hub Opens an Audit Marketplace
avalanche-developers announced on Sept. 29 that the Avalanche Audit Marketplace launched on Builder Hub, letting a single request reach every Ava Labs-vetted audit firm with private quotes. The marketplace subsidizes up to 75% of audit costs and charges $0 in fees, per the announcement. It is a direct attempt to lower one of the largest fixed costs a team faces before shipping on-chain, and it arrived alongside a week of infrastructure news on the chain.
Team1 Africa Launches Across 10 Countries
Team1 Africa launched Sept. 30 as a unified Avalanche builder network linking communities across 10 countries. The organization said it has run more than 120 events, drawn 3,500-plus attendees and activated 250-plus developers. The launch extends Avalanche's regional Team1 structure — already active in Türkiye and Latin America — into a third continent, with team1-latam closing the week on Sept. 30 with a short community post that drew a handful of likes.
RWA and Tokenized Stock Figures, Self-Reported
avalanche-foundation said Avalanche led all chains in 30-day RWA market cap growth at +$266 million, more than the next two chains combined, citing its own chart. Separately, avalanche-foundation reported $131.2 million in tokenized stock inflows over the seven days ending Sept. 28 — roughly 8x the second-highest chain and more than all other networks combined. Both figures are self-reported and have not been independently confirmed. On-chain, Avalanche's DeFi TVL stood at $636.3 million, with Aave V3 at $343.65 million on Avalanche and Uniswap V3 at $5.85 million; 24-hour DEX volume was $193.92 million. $COQ fell 14.5% over the period, $XAVA slipped 2.8% and $WAVAX lost 0.9%, while $PNG gained 3.8% and $BTC.b added 0.2%.
What to Watch
The Goldman fund and the audit marketplace both put pressure on execution: whether the Treasury fund's Avalanche rails process live volume, and whether builders actually route audit requests through Builder Hub. Avalanche Summit NYC remarks from BlackRock and the Lynq institutional roster set the next checkpoint for institutional follow-through.