Tassat shifts Lynq to Avalanche for faster settlements

By Aarav Garg

Tassat Group has upgraded its Lynq real-time settlement and collateral network to a dedicated Avalanche Layer 1 blockchain, as it scales infrastructure for institutional digital asset markets.

The move is designed to enhance performance, scalability, and compliance for on-chain payments and collateral mobility, with more than 30 digital asset institutions already connected to the network.

Built for regulated financial institutions, Lynq operates as a real-time settlement layer powered by Tassat’s Yield-in-Transit™ technology and the same core platform behind Signature Bank’s Signet network. By deploying on a permissioned Avalanche L1, Tassat combines public blockchain capabilities with the governance and control required for institutional use. The upgrade enables deterministic finality, low-latency execution, and horizontal scalability, while maintaining strict oversight of validators, data access, and network configuration.

“This upgrade is about more than performance—it’s about modernising 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.”

The migration was completed with full state continuity, allowing existing positions, integrations, and workflows to transition without disruption. It also supports closer integration with digital securities issued natively on the broader Avalanche ecosystem, positioning Lynq as a purpose-built environment for institutional-grade settlement.

“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.”

Avalanche was selected following a technical and operational evaluation, with its support for permissioned environments and predictable performance seen as critical for high-volume, real-time financial workflows. The upgrade reflects growing adoption of EVM-compatible infrastructure in institutional capital markets.

Lynq’s ecosystem includes firms such as B2C2, Crypto.com, FalconX, Fireblocks, Galaxy, and Wintermute. Supported by Tassat infrastructure that has processed more than $2.5 trillion in transactions, the network is positioned to meet increasing demand for programmable, blockchain-based settlement across digital asset markets.