Digital Prime Technologies has secured a strategic investment from LTP, a global institutional digital asset prime brokerage, to accelerate the Asia-Pacific expansion of Tokenet, its institutional digital and tokenized asset lending platform. Financial terms of the investment were not disclosed.
LTP joins existing strategic investors and partners EquiLend, Galaxy Digital and Marex as Digital Prime Technologies builds infrastructure intended to support institutional digital asset lending around the clock.
As part of the investment, LTP will become Digital Prime Technologies’ lead strategic partner across Asia-Pacific. The companies plan to use LTP’s network of borrowers, lenders, liquidity providers and other market participants to increase institutional adoption of Tokenet throughout the region.
Tokenet is designed as an institutional marketplace for digital asset and tokenized asset lending, providing infrastructure for institutions to source liquidity and execute financing transactions across global markets.
Digital Prime Technologies said the combination of EquiLend, Galaxy Digital, Marex and LTP gives Tokenet strategic partners spanning traditional financial infrastructure, institutional digital asset liquidity, global market access and prime brokerage.
The company is positioning the platform around an increasingly global and continuous digital asset marketplace, where institutions may need access to lending and liquidity 24 hours a day, seven days a week rather than during traditional market hours.
LTP’s role is expected to strengthen connections between liquidity pools in Asia-Pacific and institutional counterparties elsewhere in the world.
The partnership also supports Digital Prime Technologies’ strategy of providing traditional financial institutions with familiar operating models, governance frameworks and infrastructure for participating in digital asset financing.
Digital Prime Technologies offers technology spanning digital asset execution, prime brokerage and lending. Its platform is built around traditional financial market principles and is designed to allow broker-dealers and capital markets firms to customize digital asset services around their business and compliance requirements.
LTP provides institutional digital asset services spanning trade execution, clearing, settlement, custody and financing. Its offerings also include institutional asset management, regulated over-the-counter block trading and on/off-ramp services.
The company operates under a multi-jurisdictional regulatory framework that includes licenses and registrations in Hong Kong, Australia, the United Arab Emirates and the British Virgin Islands, among other markets.
KEY QUOTES:
“As Tokenet’s global network continues to grow, adding a premier institutional prime brokerage with deep roots across Asia represents another important milestone. Bringing together complementary market leaders creates a stronger global ecosystem capable of supporting the evolving needs of institutional digital asset lending.”
“LTP’s extensive institutional client network, prime brokerage capabilities, execution infrastructure, and financing expertise will help accelerate Tokenet’s adoption among financial institutions seeking secure and familiar access to digital asset lending markets throughout Asia while strengthening connectivity between regional and global liquidity pools.”
James Runnels, Chief Executive Officer of Digital Prime Technologies
“Institutional markets are becoming increasingly global, and digital asset lending must evolve beyond regional operating models. Tokenet provides the technology foundation needed to connect institutions through standardized, institutional-grade workflows while operating continuously across global markets.”
“We are excited to join EquiLend, Galaxy Digital, and Marex as strategic investors and look forward to leading Tokenet’s expansion throughout Asia-Pacific.”
Jack Yang, Founder and Chief Executive Officer of LTP
