Latest news with #ArcaLabs
Business Wire
22-05-2025
- Business
- Business Wire
Fireblocks Integrates with Lynq, the Real-Time Yield-Bearing Settlement Network, as a Launch Partner
NEW YORK--(BUSINESS WIRE)-- Lynq, the real-time yield-bearing settlement network for digital assets, today announced that Fireblocks, an enterprise platform for managing digital asset operations and building innovative businesses on blockchain, has joined Lynq as a launch partner. Announced in April 2025, Lynq was developed through a collaboration between Arca Labs, Tassat Group, and tZERO Group. Fireblocks will participate in Lynq's growing consortium of early adopters including Avalanche, B2C2, Galaxy (TSX:GLXY), U.S. Bank, and Wintermute. Trusted by more than 2,000 businesses, Fireblocks provides comprehensive infrastructure to streamline custody, tokenization, payments, settlement, and trading operations across the digital asset ecosystem. Fireblocks has secured over $10T in transactions across more than 100 blockchains and 300M wallets through its network and MPC-based wallet infrastructure. 'As one of the preeminent players in the digital asset industry, Fireblocks has solidified a client roster that includes most of the leading companies," said Jerald David, CEO of Lynq. "This partnership and connectivity will provide their clients access to Lynq's network via the Fireblocks interface to perform settlement activity, on-ramp to exchanges, and to create and redeem with stablecoin partners.' 'By integrating with Lynq, Fireblocks enables institutions to access real-time settlement while earning yield continuously - even during the transaction process itself,' said Adam Levine, SVP of Corporate Development & Partnerships at Fireblocks. 'Lynq has been built to be forward looking, with enterprise and regulated entities partnering to support the system.' Through this collaboration, Lynq and Fireblocks work to accelerate the onboarding of key counterparties, offering API-integrated services to Fireblocks' institutional clients, while exploring the potential to offer additional value-added capabilities, such as delivery-vs-payment and advanced treasury management. Lynq addresses the unique challenges of digital asset settlement, including market fragmentation, counterparty risk, and evolving regulatory frameworks, while returning yield to institutional clients. Lynq operates within the existing regulatory perimeter by leveraging tZERO's Broker-Dealer and Special Purpose Broker-Dealer licenses, as well as Arca's registered investment adviser and Delaware Statutory Trust. This innovative architecture, paired with Tassat's widely adopted, real-time blockchain infrastructure, equips clients with segregated account security, transparent proof of reserves, and broad ecosystem connectivity on a familiar and trusted platform. To learn more about Lynq and join the network, please visit About Lynq Lynq is a broker-dealer operated, real-time settlement utility powered by a tokenized treasury fund custodied at a special purpose broker-dealer. Developed by Arca Labs, Tassat, and tZERO Group, and supported by a syndicate of leading digital asset and tradfi institutions, Lynq offers clients a scalable and inclusive settlement service on a proven end-to-end platform. Built by the industry, for the industry, Lynq delivers yield and transparent proof of reserves within a bankruptcy-remote architecture that minimizes counterparty risk. Lynq's patent-pending Yield-in-Transit technology enables users to maximize earned interest even during settlement operations, driving unprecedented capital efficiency. Yield is calculated by the fund administrator, Ultimus Fund Solutions. For more information, please visit About Fireblocks Fireblocks is the world's most trusted digital asset infrastructure company, empowering organizations of all sizes to build, run and grow their business on the blockchain. With the industry's most secure, scalable and comprehensive platform, we streamline custody, tokenization, payment, settlement, and trading operations across the largest ecosystem of exchanges, custodians, banks, payment providers and stablecoin issuers in the world. Over 2,000 organizations - including BNY Mellon, Galaxy, and Revolut - trust Fireblocks to secure more than $10 trillion in digital asset transactions across 100+ blockchains and over 300 million wallets. Learn more at
Business Wire
15-05-2025
- Business
- Business Wire
Lynq, the Real-Time Yield-Bearing Settlement Network, Appoints Jerald David as CEO
NEW YORK--(BUSINESS WIRE)--Lynq, the real-time, yield-bearing settlement network for digital assets, today announced the appointment of Jerald David as its Chief Executive Officer. A seasoned leader in digital assets innovation and financial infrastructure, Jerald David previously served as President of Arca Labs since 2019. Announced in April 2025, Lynq was developed through a collaboration between Arca Labs, Tassat Group, and tZERO Group. 'Lynq is on a mission to provide a settlement solution that solves for market fragmentation, mitigates counterparty credit risk, and delivers yield back to users of the platform,' said Jerald David. 'I'm honored to lead the network towards that goal. This effort would not be possible without the support of our growing consortium of institutional sponsors, and the vision, commitment, and deep expertise of our joint venture partners, Tassat and tZero, whose collaboration has laid the foundation for a truly transformative industry solution.' As CEO of Lynq, Jerald David will apply more than 20 years of experience in financial services and over 8 years in digital assets to continue driving innovation in digital asset market infrastructure. Prior to his appointment at Lynq, he was the President of the Adviser to the first '40 Act Fund to issue shares as digital asset securities, the Arca US Treasury Fund. He started his career in digital assets as COO at Evermarkets (EMX), an exchange designed to trade traditional commodities and digital assets on one platform. Prior to that, he held leadership positions at the CME, NYMEX and DME. 'Jerald has been instrumental in the conception and development of Lynq,' said Rayne Steinberg, CEO of Arca. 'His leadership at Arca Labs, strong relationships within the industry, and deep understanding of both TradFi and digital asset securities make him the ideal person to guide Lynq through its launch and growth.' 'Jerald's conviction has been a guiding force for bringing Lynq from an idea to reality since our first meeting about the project 18 months ago,' said Thomas Restout, Group CEO of B2C2. 'We are excited for him to lead Lynq through its launch and execute our shared vision.' The Lynq network aims to provide scalable and efficient settlement rails that address the unique challenges of the digital asset ecosystem, including market fragmentation, counterparty risk, and evolving regulatory frameworks. The Lynq consortium — which includes Avalanche, B2C2, Galaxy (TSX: GLXY), U.S. Bank and Wintermute — helps ensure liquidity and mass institutional participation within the industry. To learn more about Lynq and join the network, please visit About Lynq Lynq is a broker-dealer operated, real-time settlement utility powered by a tokenized treasury fund custodied at a special purpose broker-dealer. Developed by Arca Labs, Tassat, and tZERO Group, and supported by a syndicate of leading digital asset and TradFi institutions, Lynq offers clients a scalable and inclusive settlement service on a proven end-to-end platform. Built by the industry, Lynq delivers yield and transparent proof of reserves within a bankruptcy-remote architecture that minimizes counterparty risk. Lynq's patent-pending Yield-in-Transit technology enables users to maximize earned interest even during settlement operations, driving unprecedented capital efficiency. Yield is calculated by the fund administrator, Ultimus Fund Solutions. For more information, please visit
Associated Press
08-05-2025
- Business
- Associated Press
Crypto.com Exchange Joins Lynq, the Real-Time Yield-Bearing Settlement Network, as a Launch Partner
NEW YORK--(BUSINESS WIRE)--May 8, 2025-- Lynq, the real-time, yield-bearing settlement network for digital assets, today announced that Exchange, the world's leading USD support exchange by spot market volume, has joined the network as a launch partner. The Exchange now becomes the first digital asset exchange to integrate with Lynq and will help accelerate adoption for Lynq, alongside other launch partners including B2C2, Galaxy (TSX: GLXY), and Wintermute. The Exchange, established in 2019 and launched in the U.S. in 2024, is offered for advanced, VIP and institutional users, and provides users a technologically advanced crypto trading platform featuring deep global liquidity and ultra-low latency. The Exchange is a truly comprehensive offering - including spot trading, margin trading, derivatives, OTC trading, and more. ' ranks among the world's leading cryptocurrency exchanges, and we are honored to have the Exchange join the consortium,' said Jerald David, President of Arca Labs and leader of the consortium. 'This partnership is a natural progression in our mission to deliver an efficient and scalable settlement solution that addresses the specific needs of institutional clients in the digital asset industry.' 'Joining Lynq aligns with commitment to driving innovation and fostering greater efficiency within the digital assets ecosystem,' said Eric Anzaini, President and COO at 'We believe that Lynq will offer significant benefits to the institutions we serve, and we are proud to be the first digital asset exchange to leverage this technology.' Through this integration, will allow its institutional clients to more seamlessly and efficiently fund their trading accounts and offramp to the settlement platform with one click. Additionally, will gain access to a network of digital asset market participants that enable real-time settlement and the ability to earn yield on assets on the platform. Lynq's Yield-in-Transit functionality maximizes capital efficiency and sets a new standard for institutional settlement. Lynq aims to address the unique challenges of digital asset settlement, including market fragmentation, counterparty risk, and evolving regulatory frameworks, while returning yield to institutional clients. Lynq operates within a legal framework that leverages tZERO's Broker-Dealer and Special Purpose Broker-Dealer licenses as well as Arca's Registered Investment Adviser and Delaware Trust. This innovative architecture, paired with Tassat's widely adopted, real-time blockchain infrastructure, provides clients with segregated account security, transparent proof of reserves, and broad ecosystem connectivity, all on a familiar and trusted platform. In addition to the launch partners, Lynq's consortium includes Arca Labs, Avalanche, Tassat Group, tZERO Group, and U.S. Bank. To learn more about Lynq and join the network, please visit View source version on CONTACT: For Press Inquiries: Media Contact Nneka Etoniru [email protected] [email protected] KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY BLOCKCHAIN CRYPTOCURRENCY INTERNET DIGITAL CASH MANAGEMENT/DIGITAL ASSETS SOURCE: Lynq Copyright Business Wire 2025. PUB: 05/08/2025 08:00 AM/DISC: 05/08/2025 08:02 AM
