TradFi giant EquiLend backs Digital Prime to link $40 trillion pool with tokenized markets. The partnership will focus on Tokenet, Digital Prime's institutional lending network, and introduce new features like regulated stablecoin collateral.

EquiLend, a major securities finance technology and data provider serving a roughly $40 trillion global securities lending and financing market, has made a strategic investment in U.S.-regulated digital asset technology firm Digital Prime Technologies and its institutional lending network Tokenet. The deal is designed to align EquiLend’s existing trading, post-trade, and data infrastructure with tokenized assets, digital securities, crypto, and stablecoins, effectively creating pipes between traditional securities finance participants and emerging tokenized markets. Digital Prime, which operates regulated entities focused on institutional crypto financing and prime brokerage, will leverage EquiLend’s global network to distribute Tokenet to a broad base of banks, brokers, and asset owners already active in securities lending and financing. The partnership centers on Tokenet, Digital Prime’s institutional digital asset lending platform, which provides multi-custodian, multi-collateral lifecycle management, exposure monitoring, and institutional reporting for digital asset loans. Future development phases explicitly include support for regulated stablecoin collateral and additional tokenized instruments, aiming to bring familiar securities lending best practices—such as rerates, recalls, returns, and mark-to-market processes—into on-chain and tokenized markets. Early priorities include integrating Tokenet workflows with EquiLend’s Next Generation Trading (NGT) platform and its 1Source post-trade system, and channeling aggregated activity into EquiLend’s data and analytics products to improve transparency and operational efficiency as settlement cycles shorten and financing markets modernize. Strategically, the move reflects accelerating convergence between TradFi and digital assets as institutions seek governed, transparent, straight-through workflows that span both traditional securities and tokenized products. By tying Tokenet into EquiLend’s established infrastructure and client base, the partnership is positioned to make tokenized and crypto collateral more accessible to mainstream securities finance participants, potentially normalizing the use of tokenized assets and regulated stablecoins in institutional lending and financing workflows. This development is significant for market structure: it attempts to translate existing securities finance standards into the digital asset space, rather than building parallel, disconnected lending markets.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• EquiLend partners with Digital Prime to expand digital assets offering (thetradenews.com)
• Digital Prime Technologies Launches Tokenet with EquiLend ... (equilend.com)
• EquiLend invests in Digital Prime Technologies (securitiesfinancetimes.com)
• EquiLend Invests in Digital Prime Technologies to Advance ... (equilend.com)
• EquiLend Invests in Digital Prime Technologies to Advance ... (prnewswire.com)

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