Goldman Sachs' $100B Treasury Fund Comes to Lynq; Bastion Wins Conditional OCC Trust Charter

— Goldman Sachs' $100 billion FTIXX treasury fund is now available on the Lynq digital asset settlement network, marking the first external asset manager on the platform and demonstrating multi-asset capability.

— Lynq operates on a private permission Avalanche L1 to address institutional concerns about public blockchain data, security, and self-custody requirements.

— Twenty One Capital under new CEO Raphael Zagury is building a Bitcoin operating company around its 43,500+ Bitcoin treasury through M&A, lending, and infrastructure development rather than pure financial engineering like competitors.

— Bastion received a conditional national trust bank charter from the OCC, enabling it to offer custody, stablecoin issuance, and payments infrastructure to enterprise and financial institution clients across all 50 states.

— Sony Bank partnered with Bastion to build stablecoin infrastructure enabling embedded finance across the Sony ecosystem (gaming, anime, hardware).

— Institutional Bitcoin adoption remains early—estimated at roughly 10 percent awareness among Wall Street professionals, with ETFs and lending markets expected to drive further growth.

— Treasury and institutional clients seeking on-chain settlement of regulated assets now have access to Goldman Sachs' FTIXX fund through Lynq, combining traditional investment-grade instruments with blockchain-based clearing.

— Bitcoin lending emerging as an attractive business opportunity; long-term compression of lending rates and expanded credit fund formation against Bitcoin collateral are expected as institutional adoption accelerates.

— Large enterprises increasingly prefer issuing their own stablecoins backed by their own reserves and banking partners rather than relying on third-party stablecoin issuers, creating demand for federally regulated infrastructure partners like Bastion.