Tassat has successfully migrated its Lynq network to an Avalanche L1 subnet, aiming to enhance real-time institutional settlements with deterministic finality. This strategic move integrates bank-grade infrastructure directly into the blockchain, optimizing institutional markets by allowing dollar-equivalent assets to move instantly. The Lynq network, which has processed over $2.5 trillion in transactions, connects more than 30 leading financial institutions, including B2C2, Crypto.com, FalconX, and Wintermute.
The migration to Avalanche's L1 subnet ensures predictable performance and transaction finality within seconds, while maintaining full control over validators and system configuration. This hybrid structure combines the privacy required by regulated institutions with the connectivity of the Avalanche public network. The transition was completed without interrupting existing positions or customer workflows, and supports the issuance of Treasury funds directly on the blockchain. Tassat's integration of Lynq on Avalanche sets a new standard for global settlement of digital and traditional assets, combining blockchain speed with banking regulatory compliance.
Tassat Migrates Lynq Network to Avalanche for Enhanced Institutional Settlements
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