Avalanche Touts Goldman Sachs Tie-Up Via Lynq Network's Jerald David

The Avalanche Foundation's official account (avax) amplified an explanation from @Lynq_Network's Jerald David on why Goldman Sachs selected Avalanche, one day after the network said the bank had chosen it.

In a Sept. 29 post, avax shared David's argument that Avalanche's multi-chain system is the only place a deployment of this kind can exist. According to the post, Avalanche L1s — the network's customizable, application-specific chains — provide privacy, speed, customization and self-sovereignty while maintaining interoperability with the larger network.

The post follows avax's Sept. 28 statement that Goldman Sachs is bringing its 100 billion flagship Treasury fund to Avalanche.

Why the L1 Argument

Avalanche L1s allow operators to run their own validator sets and execution environments while staying connected to the wider ecosystem through Avalanche's interchain messaging standards. For institutional deployments, that structure supports permissioned or privacy-oriented configurations without cutting the chain off from broader liquidity.

Lynq Network was tagged in the post; avax did not detail its role beyond carrying David's commentary.

What to Watch

avax has now posted about the Goldman Sachs development on consecutive days. Whether additional institutional names follow, and whether the Treasury fund goes live on-chain, are the next markers for Avalanche's enterprise push.