FalconX, a digital asset prime brokerage with over $1.5 trillion in trading volume, has partnered with Crypto.com, Galaxy, and Wintermute to launch Lynq, a platform designed to serve as a settlement layer for digital assets and financial institutions. This initiative highlights the increasing institutional interest in digital assets amid improving regulatory clarity. FalconX, which provides access to over 400 tokens, will function as both a participant and liquidity provider on the Lynq network, according to CEO Jerald David. Developed with Arca Labs, Tassat Group, and tZERO Group, Lynq aims to address regulatory challenges and counterparty risks that institutions face when launching crypto products. The platform will undergo final user acceptance testing soon, and access will be free for participants, with no transaction fees. Lynq's revenue will come from a small portion of interest on portfolios. The growing stablecoin market, now valued at $251.4 billion, reflects the increasing adoption of digital assets among institutions. Read more AI-generated news on: https://app.chaingpt.org/news