PANews reported on June 25 that according to Cointelegraph, digital asset primary broker FalconX has joined Crypto.com, Galaxy, Wintermute, and other companies as a launch partner of the Lynq platform. Lynq is committed to becoming the settlement layer for digital assets and financial institutions. Lynq CEO Jerald David stated that FalconX can access over 400 tokens and will serve both as a participant and liquidity provider on the Lynq network.
Lynq was developed collaboratively by Arca Labs, Tassat Group, and tZERO Group, aiming to provide a solution to address changing regulatory frameworks and counterparty risks. David also mentioned that participants can access the Lynq network for free, with no transaction fees, and platform revenue will come from portfolio interest. The platform will enter the final user acceptance testing phase on Friday.
