Crypto.com Exchange has partnered with Lynq network to offer real-time settlement for institutional clients, aiming to reduce risks and improve efficiency. The collaboration allows for quick funding and position settlement, while institutions can earn yield during transactions. This merger signifies Crypto.com’s focus on attracting institutional investment in a competitive market.
In a significant move, Crypto.com Exchange has officially joined the Lynq network, becoming its first exchange partner. This partnership highlights a commitment to real-time settlement and the innovative yield-on-transfer capabilities that Lynq provides. The exchange notes that this collaboration aims to reduce risks and enhance efficiency for its institutional clientele, a crucial step in the fast-evolving world of crypto markets.
The integration with Lynq embeds Crypto.com within a wider consortium that includes prominent firms in both financial and crypto sectors, such as B2C2, Galaxy, Wintermute, and U.S. Bank. This connection optimises the trading process for institutional users, enabling them to fund accounts or settle positions swiftly via a streamlined one-click mechanism. This is a significant leap from traditional settlement systems, which are often riddled with delays.
A standout feature of Lynq’s tech is its ability to facilitate real-time settlement while providing institutions the chance to earn yields even during transaction processing. Known as “Yield-in-Transit,” this functionality is poised to bolster capital efficiency by allowing assets to generate returns as they move through the system, not just when settled.
Since its launch in 2019 and introduction to U.S. markets in 2024, Crypto.com has firmly positioned itself to attract VIP and institutional clients. Offering a comprehensive range of trading products—spanning spot, margin, derivatives, and OTC—its partnership with Lynq signifies an earnest effort to draw serious capital in a crowded and competitive exchange landscape.
The architecture of Lynq combines hybrid legal and technical elements, leveraging regulatory licenses from tZERO and Arca, backed by Tassat’s blockchain technology. The breadth of support for this settlement network from traditional finance and digital asset leaders, including Avalanche and U.S. Bank, illustrates the growing synergy between crypto-native firms and established financial institutions in this vital infrastructure area.
As developments unfold, we will be sure to keep you updated on this evolving story, as the intertwining paths of crypto and traditional finance continue to gain momentum.
