Tassat Group’s Lynq settlement network completed its migration to a dedicated Avalanche Layer 1 on April 29, 2026, delivering faster transaction finality and tighter validator governance for its growing roster of institutional clients. The upgrade represents the second major phase in Lynq’s rollout, following a commercial launch in July 2025 that attracted more than 30 institutional partners to the platform. The move wasn’t a rebuild from scratch. Lynq maintained full state continuity during the transition, meaning no disruption to ongoing operations. For a network that has historically processed more than $2.5 trillion in transactions, that kind of seamless cutover is the difference between a headline and a disaster. What the dedicated L1 actually changes Running on a dedicated Avalanche L1 rather than a subnet or shared chain gives Lynq something institutional players care deeply about: control. The permissioned environment allows the network to manage its own validators and configure network parameters without being subject to the broader Avalanche mainnet’s governance decisions. The practical result is deterministic finality for transactions within seconds. In traditional finan...
Lynq migrates institutional settlement to Avalanche L1, achieving faster processing
1 month ago
31
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