Goldman Sachs Brings $100B Treasury Fund to Avalanche via Lynq

Goldman Sachs is bringing its $100 billion flagship Treasury fund to Avalanche, with the offering distributed through Lynq, a private, permissioned Avalanche L1. The news was announced by avax on Sept. 28, 2026, and relayed to Avalanche's builder community the same day by @AvaxTeam1, the Avalanche Foundation's global community and builder network.

Lynq already serves more than 30 institutional digital asset firms, according to the announcement, including market makers and infrastructure providers B2C2, Wintermute, Galaxy, FalconX, and Fireblocks. The fund's arrival places a major Wall Street Treasury product inside the same permissioned environment those firms use for trading and settlement.

Why Lynq Matters Here

Permissioned Avalanche L1s are purpose-built networks that restrict validator and participant access, allowing institutions to meet compliance and counterparty requirements that public, open networks cannot easily satisfy. Because the fund sits on that infrastructure, institutional users can deploy idle cash into Treasury yield between trades without moving assets to a separate venue or custody stack.

What to watch for: whether additional Goldman Sachs products follow onto Lynq, and how quickly the Treasury fund's capacity is drawn by the institutional firms already active on the network.