Securities lending platform EquiLend has made a strategic investment in Digital Prime Technologies, though terms were not disclosed. Digital Prime provides Tokenet, a matchmaking service that enables institutional crypto lending, with users including EDX Markets (backed by Citadel Securities, Schwab), Hidden Road and Xapo. Additionally, Digital Prime offers a white-labelled crypto prime brokerage solution. EquiLend provides a similar lending solution for traditional finance, processing more than $4 trillion in monthly transactions. EquiLend wants to work with Tokenet to enable trading, post trade and data workflows for tokenized securities and crypto.
Last week’s SEC approval…
