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Tassat moves Lynq settlement network to permissioned Avalanche L1 for better control and performance

Protocol Fundamentals
24 Sep 2026
Tokenpost
View Source
Bullish
Tassat moves Lynq settlement network to permissioned Avalanche L1 for better control and performance

Tassat Group migrated its Lynq institutional settlement network to a permissioned Avalanche Layer 1 blockchain on April 29, 2026. This move preserves existing workflows while giving institutions more control over validators, network configuration, and data access. Lynq, used by over 30 digital-asset firms, benefits from Avalanche's dedicated environment, enhancing settlement speed and security. The upgrade also maintains Lynq's connection to the broader Avalanche ecosystem and leverages Tassat's Yield-in-Transit technology to optimize asset interest accrual during settlement.

Avalanche (AVAX) holds a market cap of Rp82,47 trillion and a 24-hour trading volume of Rp8,23 trillion on Pluang as of Sep 25, 2026, 02:13 WIB. The token's price is Rp185.944, up 1.56% in the last day, with a buy order activity of 69% and an average hold time of 87 days. This data highlights the active interest in Avalanche, complementing Tassat Group's move to a permissioned Avalanche Layer 1 blockchain for institutional settlement.

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