Crypto.com joins yield-bearing settlement network Lynq as launch partner
Lynq, a real-time, yield-bearing settlement network, announced earlier today that Crypto.com, one of the world’s leading digital currency exchanges, will join the network as a launch partner. The partnership will see Crypto.com become the first digital asset exchange to integrate Lynq, allowing institutional clients to seamlessly fund their trading accounts and offramp to the settlement platform. Moreover, the exchange will gain access to a network of market participants that enable real-time settlement and the ability to earn yield on assets held on the platform through Lynq’s Yield-in-Transit functionality. Eric Anzaini, Crypto.com’s President and Chief Operating Officer (COO), has high hopes for the partnership, having stated that: “Joining Lynq aligns with Crypto.com’s commitment to driving innovation and fostering greater efficiency within the digital assets ecosystem. We believe that Lynq will offer significant benefits to the institutions we serve, and...