Digital Prime Technologies launches Tokenet with EquiLend partnership
15 May 2026 US
Image: liliyabatyrova/stock.adobe.com
Digital Prime Technologies has launched Tokenet, its institutional digital asset lending platform, with the first trades now successfully executed on the platform.
Galaxy Digital, a digital asset firm providing trading, asset management, investment banking, and custody services, is among the first participants to go live on the platform.
The firm joins an expanding group of digital asset firms that have committed to the solution, which Digital Prime Technologies says reflects a strong early adoption across the market.
Max Bareiss, head of lending at Galaxy Digital, says: “Galaxy is one of the largest institutional lenders in the digital asset space, and the gap between our operational standards and the tools available has been real.
“Tokenet closes that gap. The workflows, the risk controls, and the transparency are what institutional participants have been looking for.”
Tokenet applies securities lending best practices to digital assets, aiming to deliver the structure, transparency, and lifecycle discipline that institutional participants require.
The platform enables firms to post borrow needs and lending availability, manage collateral through a multi-custodian model, and access end-to-end loan lifecycle management — including rerates, recalls, returns, and mark-to-market functionality — through an enterprise-grade system.
James Runnels, co-founder and CEO of Digital Prime Technologies, adds: “Tokenet is live, trades are flowing, and the market now has an institutional-grade platform for digital asset lending with the depth and full front-to-back capabilities required by today's participants.
“This is what Digital Prime Technologies was built to deliver, and having EquiLend's network behind us means we're bringing it to a broader set of market participants.”
Digital asset lending has historically suffered from fragmented and opaque practices, limited collateral transparency, and a lack of standardised workflows, the firm says.
Tokenet aims to address these structural gaps by bringing the same governance, risk controls, and operational rigor that underpin traditional securities finance, to the digital asset space.
Through their partnership, Digital Prime will use EquiLend's institutional network to extend Tokenet's reach to a broader base of securities finance participants.
Nick Delikaris, chief product officer at EquiLend, “Tokenet is the first digital asset lending platform built to satisfy institutional standards by mirroring the workflows, risk controls, and lifecycle management our clients already rely on.
“Through our partnership with Digital Prime, we are creating a seamless path into a hybrid environment capable of handling both digital and traditional assets.”
In December 2025, EquiLend announced its investment in Digital Prime Technologies to advance institutional tokenised-asset and digital-markets infrastructure.
Galaxy Digital, a digital asset firm providing trading, asset management, investment banking, and custody services, is among the first participants to go live on the platform.
The firm joins an expanding group of digital asset firms that have committed to the solution, which Digital Prime Technologies says reflects a strong early adoption across the market.
Max Bareiss, head of lending at Galaxy Digital, says: “Galaxy is one of the largest institutional lenders in the digital asset space, and the gap between our operational standards and the tools available has been real.
“Tokenet closes that gap. The workflows, the risk controls, and the transparency are what institutional participants have been looking for.”
Tokenet applies securities lending best practices to digital assets, aiming to deliver the structure, transparency, and lifecycle discipline that institutional participants require.
The platform enables firms to post borrow needs and lending availability, manage collateral through a multi-custodian model, and access end-to-end loan lifecycle management — including rerates, recalls, returns, and mark-to-market functionality — through an enterprise-grade system.
James Runnels, co-founder and CEO of Digital Prime Technologies, adds: “Tokenet is live, trades are flowing, and the market now has an institutional-grade platform for digital asset lending with the depth and full front-to-back capabilities required by today's participants.
“This is what Digital Prime Technologies was built to deliver, and having EquiLend's network behind us means we're bringing it to a broader set of market participants.”
Digital asset lending has historically suffered from fragmented and opaque practices, limited collateral transparency, and a lack of standardised workflows, the firm says.
Tokenet aims to address these structural gaps by bringing the same governance, risk controls, and operational rigor that underpin traditional securities finance, to the digital asset space.
Through their partnership, Digital Prime will use EquiLend's institutional network to extend Tokenet's reach to a broader base of securities finance participants.
Nick Delikaris, chief product officer at EquiLend, “Tokenet is the first digital asset lending platform built to satisfy institutional standards by mirroring the workflows, risk controls, and lifecycle management our clients already rely on.
“Through our partnership with Digital Prime, we are creating a seamless path into a hybrid environment capable of handling both digital and traditional assets.”
In December 2025, EquiLend announced its investment in Digital Prime Technologies to advance institutional tokenised-asset and digital-markets infrastructure.
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