Lynq is a real-time network for digital assets and a yield-bearing settlement network. It is primarily for digital assets. A Lynq spokesperson said that Crypto.com Exchange has recently joined the network as a launching partner.
This crypto.com exchange became the first event as a digital asset exchange that integrates with Lynq. In the future, it will speed up the adoption process for Lynq, alongside the other popular launch partners like Galaxy, Wintermule, and B2C2.
Post Integration Sequence
After the integration, Crypto.com’s clients would move effortlessly while funding their trading accounts and going off-grid from the settlement platform with a click!
At the same time, Crypto.com will gain access to a cluster of digital asset market participants, which will help in real-time settlement and improve its chances of earning major yields on assets on the platform.
Meanwhile, the token’s Yield in Transit functionality will maximize its capital efficiency and set new standards for the settlement of institutional investors.
Lynq’s Further Goals
Lynq is also preparing to address the critical challenges of digital asset settlement. That includes market fragmentation, counterparty risks, and the evolution of regulatory frameworks. Meanwhile, it will try to return yields to institutional clients.
