AVAX: Positive Move as $100B Goldman Fund Hits 30+ Firms

Goldman Sachs is bringing one of Wall Street’s most widely used cash management funds to the AVAX blockchain. The Goldman Sachs Financial Square Treasury Instruments Fund (FTIXX), now tradable via a network for settling transactions between institutions called Lynq, is built on a permissioned Avalanche L1. The fund offers participating institutions an alternative to participating in this fund, which has more than $100 billion in assets under management, without having to tokenize the fund itself.

Source: TronWeekly