Tassat Upgrades Lynq to Avalanche to Scale Institutional Settlement Network

WHY THIS MATTERS

The migration of the Lynq network to a dedicated Avalanche L1 (formerly known as a “Subnet”) marks a definitive shift in institutional finance, where “closed-loop” private blockchains are evolving into “public-permissioned” hybrids. Historically, platforms like Signature Bank’s Signet proved that real-time settlement could work at scale, but they were often confined to a single bank’s ecosystem. By moving to Avalanche, Tassat is breaking these silos, allowing its 30+ institutional partners—including B2C2, Galaxy, and Wintermute—to settle in a dedicated environment that combines the privacy of a private network with the liquidity and interoperability of the public Avalanche C-Chain.

This upgrade is technically significant due to Tassat’s Yield-in-Transit™ technology. In a high-interest-rate environment, the “dead time” during a standard 2-day settlement cycle (T+2) represents a significant opportunity cost. This technology allows capital to remain productive and earn interest even while it is in motion between counterparties. By utilizing Avalanche’s near-instant finality, Lynq ensures that “real-time” doesn’t just mean fast communication, but deterministic legal and financial finality within seconds, effectively turning post-trade settlement into a value-generating treasury function.

Tassat Group Inc., a leading provider of blockchain infrastructure for regulated financial institutions, has upgraded Lynq’s real-time settlement and collateral network to a dedicated Avalanche L1. With over 30 leading digital asset institutions onboarded to date, the move strengthens Lynq’s ability to serve as a scalable, next-generation settlement layer for on-chain payments and collateral mobility.

The Avalanche network is purpose-built for high-performance institutional workflows, providing the deterministic finality, low-latency execution, and horizontal scalability required to support Lynq’s real-time settlement and collateral operations. By deploying Lynq on a permissioned Avalanche L1, Tassat combines the advantages of public blockchain infrastructure with the governance, control, and compliance requirements demanded by regulated financial markets.

Lynq is the real-time settlement and collateral solution for digital asset capital markets, developed with Tassat’s patented Yield-in-Transit™ technology, and underpinned by the same platform technology that powered Signature Bank’s Signet network. The migration to Avalanche establishes a high-performance, purpose-built settlement environment optimized for institutional-grade requirements. It enables tighter technical integration with underlying platform assets, issued natively as digital securities on the broader Avalanche network. The migration was completed with full state continuity, ensuring all existing positions, integrations, and operational workflows carried over without disruption.

“This upgrade is about more than performance—it’s about modernizing Lynq’s foundation to support its next phase of institutional growth,” said Glen Sussman, CEO of Tassat. “By evolving Tassat’s core blockchain infrastructure to incorporate public-permissioned architectures like Avalanche, we preserve the security, privacy, and control our clients require while unlocking greater interoperability and roadmap innovation. This approach allows us to scale faster without compromising the rigorous standards demanded by leading digital asset institutions.”

“Our clients need an institutional grade solution that resembles critical capital markets infrastructure,” said Jerald David, CEO of Lynq. “Avalanche provides us with a dedicated, permissioned environment where our clients can optimize for speed, stability, and data privacy—all day one requirements for Institutional adoption.”

The selection of Avalanche for Lynq’s 2025 commercial launch reflects the growing maturity of EVM-compatible blockchain infrastructure to support on-chain institutional capital markets. Avalanche was chosen for the Lynq core upgrade following an extensive technical and operational evaluation. Avalanche stood out for its near-instant finality, predictable performance, and native support for permissioned environments—capabilities essential for mission-critical settlement at scale. Its architecture provides fine-grained control over validators, network configuration, and data access, ensuring institutional-grade security, privacy, and operational determinism.

“Lynq is a great example of how institutions can design settlement infrastructure on their own terms using Avalanche,” said Mike Manning, Head of Institutional Finance at Ava Labs, the company dedicated to advancing adoption of the Avalanche ecosystem. “By using a permissioned Avalanche network that is natively interoperable with the permissionless C-Chain, Lynq achieves both control over privacy, performance and compliance, while maintaining connection with the broader asset pools it is used to settle.”

Just as importantly, the migration validates the robustness of the platform and the maturity of the Avalanche ecosystem. “The technology proved to be rock-solid throughout this process,” said Andre Frank, COO of Tassat. “The migration was remarkably smooth, and we have full confidence in the permissioning model and security. The Avalanche team provided outstanding technical support and tooling throughout—it’s been a strong institutional fit for both organizations.”

The Lynq network supports a growing institutional ecosystem, connecting more than 30 partners including B2C2, Crypto.com, FalconX, Fireblocks, Galaxy, and Wintermute. Backed by Tassat infrastructure that has settled more than $2.5 trillion in transactions to date, the migration positions Lynq to meet increasing institutional demand for scalable, programmable, blockchain-based settlement and collateral mobility.

FF NEWS TAKE

Tassat’s move to Avalanche is a “coming of age” moment for institutional blockchain infrastructure. While many “corporate blockchains” have struggled to move beyond the pilot phase, Tassat is building on a foundation that has already settled more than $2.5 trillion. The selection of Avalanche over other Layer 1s highlights the importance of “customizable sovereignity”—the ability for a firm to control its own validators, network rules, and data access while still being part of a larger, natively interoperable ecosystem.