Crypto.com first to go live on Lynq, streamlining funding for institutional clients
Crypto.com Exchange is the first to integrate with Lynq's real-time settlement network to streamline funding for institutional clients.Summary
Crypto.com Exchange has become the first exchange to go live on Lynq, integrating with its real-time, interest-bearing settlement network. This integration allows institutional clients to post collateral and fund their accounts seamlessly, which is designed to boost capital efficiency and operational resilience by enabling 24/7 collateral movement and real-time settlements.
Several major trading firms, including Aquanow, DV Chain, GSR, Nonco, and Wintermute, utilized the service immediately upon launch. Lynq CEO Jerald David emphasized that this exchange connectivity is crucial for delivering efficient, institutional-grade settlement. Karl Turner, director at Crypto.com, noted that the integration provides clients with faster access to exchange funding and more efficient on-chain settlement, marking a significant step for institutional digital asset trading.
(Source：Crypto Briefing)