Lynq Partners With Nonco to Enable 24/7 Stablecoin Liquidity for Institutions

Institutional settlement network Lynq has partnered with digital asset liquidity provider Nonco to give clients around-the-clock access to stablecoin liquidity, addressing one of the remaining operational bottlenecks in institutional crypto markets.

The partnership allows institutions holding tokenized fund shares (TFND) on Lynq to convert those assets into major stablecoins, including USDT, USDC, RLUSD and USAT and back again outside of traditional U.S. banking hours.

The move comes as institutional adoption of tokenized financial products continues to accelerate, while much of the infrastructure supporting capital movement remains dependent on conventional banking schedules.

Lynq Expands Institutional Liquidity Beyond Banking Hours

Until now, institutions funding Lynq accounts relied primarily on U.S. wire transfers, meaning deposits and withdrawals were largely constrained by bank operating hours.

Through the new partnership, Nonco will act as a dedicated liquidity provider, enabling eligible clients to exchange TFND shares for stablecoins through bilateral over-the-counter (OTC) settlements at any time of day.

According to Lynq CEO Jerald David, the partnership reflects growing institutional demand for infrastructure that operates continuously rather than within legacy financial market schedules.

"The digital asset economy never sleeps, and institutional infrastructure shouldn't either," David said. "This partnership with Nonco removes one of the last operational constraints facing institutional participants by giving them reliable, around-the-clock access to stablecoin liquidity."

David added that as institutions continue moving into tokenized finance, continuous settlement and liquidity are likely to become baseline expectations rather than competitive advantages.

Jeffrey Howard, Partner and Head of North America at Nonco, said the partnership is designed to align liquidity infrastructure with the always-on nature of digital asset markets.

"Digital assets trade 24/7, but liquidity shouldn't stop when banks close. Together with Lynq, we're giving institutions an always-on pathway between tokenized fund shares and stablecoins, helping unlock faster settlement and more efficient capital deployment around the clock."

How the Partnership Works

In its initial phase, Nonco will provide liquidity outside the Lynq platform through direct OTC settlement.

Institutions transfer TFND shares to a designated Lynq wallet controlled by Nonco. The firm's trading desk then coordinates directly with the client through secure communication channels before delivering the equivalent amount of stablecoins directly to the client's wallet at prevailing market rates.

Because settlement occurs directly between the client and Nonco rather than through changes to the Lynq platform itself, the service is available immediately without additional platform integration.

The companies said the arrangement is intended to provide institutions with a continuous route between tokenized cash-equivalent assets and transactional stablecoins, helping firms deploy capital more efficiently regardless of banking hours.

Institutional Infrastructure Continues to Evolve

The announcement highlights a broader shift within digital asset markets as institutions increasingly seek infrastructure capable of supporting continuous trading and settlement.

While crypto markets operate 24 hours a day, many institutional workflows including funding, treasury operations and settlement remain tied to traditional financial infrastructure that pauses during evenings, weekends and public holidays.

By providing an always-available liquidity mechanism between tokenized fund shares and stablecoins, Lynq and Nonco aim to reduce those operational constraints while supporting faster capital movement across institutional digital asset markets.

Lynq, operated by tZERO Securities and developed by Arca Labs, Tassat Group and tZERO Group, said more than 30 institutional digital asset firms have joined the network, with assets on the platform exceeding $89 million. The company offers an interest-bearing settlement network designed to reduce counterparty risk and improve capital efficiency for institutional participants.