TL;DR:
- Digital Prime Technologies begins operations of Tokenet, a digital asset lending platform designed under traditional financial infrastructure standards.
- The firm EquiLend integrates as a strategic partner to expand the institutional distribution of the service through its global securities finance network.
- Galaxy Digital is among the first active participants to execute transactions within the new operating ecosystem.
Digital Prime introduced Tokenet to the market, a crypto asset lending platform aimed at the institutional sector and developed in collaboration with EquiLend. This tool arrives to address the needs of market participants seeking more regulated and standardized operating models following the volatility experienced in previous years.
The transition toward traditional securities infrastructures
In recent years, the crypto lending industry grew by leaps and bounds, based on bilateral relationships and fragmented workflows. However, Digital Prime data suggests that operational failures and opacity in collateral management during past cycles impacted investor confidence. In response, Tokenet incorporates lifecycle management features common in traditional finance, such as mark-to-market processing, returns, and rate rerate management.
The system applies proven securities lending standards to digital assets. This approach seeks to resolve market fragmentation issues through a multi-custody model. Industry data indicates that, following counterparty collapses in 2022 and 2023, institutions raised their minimum requirements toward enterprise-grade collateral controls.
The role of EquiLend and the participation of Galaxy Digital
The alliance with EquiLend allows Tokenet to access one of the largest securities finance infrastructure networks globally. According to Digital Prime projections, this connection will make it easier for banks and asset managers to integrate digital lending activities into their current operating frameworks without the need to build completely isolated systems.
Nick Delikaris, head of product at EquiLend, indicated that the platform could support hybrid operating environments spanning both traditional and digital assets. For its part, the inclusion of Galaxy Digital brings validity to the ecosystem. Max Bareiss, head of lending at Galaxy Digital, noted that operating standards in crypto credit have historically fallen short of institutional expectations—a gap that this launch aims to bridge.
The platform’s operating model allows firms to post loan demands and liquidity availability while maintaining transparency over collateral. At the close of the first quarter of 2026, market trends show that institutional adoption depends on operational reliability rather than technological innovation per se.
The Tokenet platform is presented as an adaptation of proven financial models for the digital asset market.
