
Jakarta, Pintu News – FalconX, the premier crypto trading and brokerage platform for institutions, recently announced its partnership with Lynq, a real-time interest-bearing settlement network.
This partnership marks a major step for FalconX in expanding its range of services in the digital finance sector. Lynq, developed by Arca Labs, Tassat Group, and tZERO with support from Avalanche and U.S. Bank, aims to reduce counterparty risk and improve capital efficiency.
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FalconX has begun integration with Lynq via API, showing serious commitment in supporting the launch of the Lynq network. Lynq’s CEO, Jerald David, stated that FalconX’s presence will greatly help in increasing the liquidity of the network.
The partnership also includes a regulatory-compliant solution, which is particularly important for institutional market participants. This partnership is not the only major development for FalconX, which has previously collaborated with Standard Chartered and acquired a majority stake in parent company Monarq Asset Management.
These steps demonstrate FalconX’s focus on strengthening its position in the global market and expanding its range of services in the digital finance sector.
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Lynq has managed to attract several key industry players as launch partners, including Crypto.com, which is the first exchange to integrate with the platform. Fireblocks has also provided access to Lynq for its more than 2,000 institutional clients.
The presence of big players such as Galaxy, B2C2, and Wintermute as early adopters shows the high confidence in Lynq’s potential in the industry. This integration not only increases the trust and validity of Lynq, but also opens up new opportunities in more efficient and secure transaction settlement.
By reducing counterparty risk and improving capital efficiency, Lynq offers an infrastructure that meets the demands of a growing market, particularly in stablecoin settlement.
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Lynq is part of a growing trend where institutional settlement solutions are adopting blockchain technology and tokenized assets to generate returns in real-time.
Other examples of similar networks include Atlas by Anchorage Digital and Kinexys by JPMorgan, which both facilitate on-chain USD and crypto transactions as well as near-instant bank payments using stablecoins.
The use of blockchain technology in these settlement solutions offers transparency and speed that traditional financial systems cannot match. With more and more institutions adopting this technology, the future of financial transaction settlement looks set to be increasingly integrated with digital technology.
The partnership between FalconX and Lynq marks a new era in faster, secure and efficient settlement of digital financial transactions. With backing from major industry players and adoption of advanced technology, Lynq is poised to revolutionize the way financial institutions interact and transact.
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