Lynq and Nonco Collaborate to Expand Stablecoin Liquidity for Institutional Holders of Tokenized Fund Shares

Settlement network Lynq has partnered with digital asset firm Nonco to provide institutional clients with 24/7 stablecoin liquidity. The collaboration resolves weekend and off-hours capital bottlenecks to accelerate settlement and boost market efficiency.

Key Takeaways

• Lynq partnered with Nonco on July 21 to give institutional clients round-the-clock stablecoin liquidity.
• Clients can convert TFND shares into USDT, USAT, RLUSD or USDC 24 hours a day, bypassing U.S. wire limits.
• Nonco will initially operate off-platform, offering OTC settlement with no required Lynq software updates.

Eliminating Operational Constraints in Digital Markets

The interest-bearing settlement network, Lynq, announced July 21 that it has entered a strategic partnership with digital asset firm Nonco to give institutional clients 24-hour access to stablecoin liquidity and expand funding options beyond U.S. wire transfers and traditional banking hours.

The agreement makes Nonco a dedicated liquidity facility for Lynq, allowing clients to convert tokenized fund shares (TFND) into stablecoins such as USDT, USAT, RLUSD and USDC — and back — at any time. Previously, Lynq accounts could be funded only through U.S. wire transfers, which are limited to domestic banking windows.

Jerald David, CEO of Lynq, said the move aligns institutional infrastructure with the nonstop nature of digital markets.

“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.