“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.”
Jeffrey Howard, partner and head of North America at Nonco, said the collaboration creates a seamless bridge between tokenized fund shares and transactional stablecoins.
“Digital assets trade 24/7, but liquidity shouldn’t stop when banks close,” Howard said. “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.”
In the initial phase, Nonco will operate as an off-platform liquidity provider, offering direct, bilateral OTC settlement for TFND holders. Clients will transfer TFND shares to Nonco’s designated Lynq wallet, and Nonco’s trading desk will remit the equivalent stablecoin at competitive market rates through secure, wallet-to-wallet settlement. Since the process occurs directly between clients and Nonco, Lynq said the service is available immediately and requires no platform changes.
The companies said the partnership addresses a longstanding friction point for institutions: the inability to move capital outside traditional banking hours. By providing an always-on exit path from cash-equivalent instruments into stablecoins, Lynq and Nonco aim to accelerate settlement, increase transaction velocity and deepen liquidity across global digital asset markets.