Digital Prime says it will use the investment to accelerate the development of Tokenet, its digital asset lending platform built in collaboration with EquiLend, and expand its institutional client base
The firm says the initiative will allow for enhanced liquidity and collateral mobility, bridging the gap between digital securities and the core of European central bank money operations
As tokenised assets gain momentum, Provable Markets says participants of every perspective have a stake in shaping the infrastructure and workflows around them
Stablecoin infrastructure firm HIFI provided the cash leg of the transaction against US Treasuries supplied by trading platform DRW, while Marex acted as prime broker
Rowan Shri Rohatgi joins the company following a six-year term with Goldman Sachs, where he spent his career in Prime Services across Singapore and London
The move aims to support the high-level opening-up of China's financial markets and facilitate the RMB liquidity management of overseas central banking institutions
