Tassat Group's Lynq settlement network completed its migration to a dedicated Avalanche Layer 1 on April 29, 2026. The upgrade delivers faster transaction finality and independent validator governance for its institutional clients, representing the second major phase of Lynq's rollout following a commercial launch in July 2025.
Lynq maintained full state continuity during the transition, preventing disruption to ongoing operations. The network has historically processed more than $2.5 trillion in transactions.
Dedicated L1 Architecture
Operating on a dedicated Avalanche L1 rather than a subnet or shared chain gives Lynq control over its permissioned environment. The network can manage its own validators and configure network parameters independently of broader Avalanche mainnet governance decisions.
This architecture enables deterministic finality for transactions within seconds. Unlike traditional finance settlement, which can take hours to days, deterministic finality means a transaction is irreversibly settled upon confirmation rather than probabilistically likely to persist.
Institutional Partners
Lynq's partner roster includes major crypto infrastructure players. B2C2, a leading crypto liquidity provider, is integrated with the platform. Crypto.com, which has expanded its institutional services, and FalconX, an institutional prime brokerage, are also among the 30-plus partners using the network. The commercial launch in July 2025 came after an 18-month development period.
Platform Features
Lynq's architecture enables a feature called Yield-in-Transit, which allows assets in the settlement pipeline to accrue yield rather than remaining idle. This is powered by TFND, a tokenized treasury product that generates yield every two seconds while keeping underlying assets available for settlement.
Ecosystem Position
In June 2026, Lynq became a founding member of the Avalanche Payments Collective. The network's expanding partner base creates network effects that increase switching costs for institutions already integrated with the settlement layer.
