Collaboration, Consortiums, Partners. Digital Prime Technologies to Expand Tokenet Institutional Lending Across Asia Pacific
Updated: 6 days ago
Digital Prime Technologies, a US based institutional technology provider for digital asset lending markets, announced a strategic investment from LTP, a global institutional digital asset prime brokerage, on 12 August. LTP joins existing strategic backers EquiLend, Galaxy Digital and Marex, the London headquartered commodities and financial services group, in building out Tokenet, Digital Prime Technologies' institutional lending and tokenised asset marketplace.
For UK infrastructure builders watching where the plumbing of institutional tokenised asset markets is actually being built, this is a reminder that the consortium approach, stacking specialist prime brokers, liquidity providers and custody players around a single platform, is becoming the default model, and that Marex's presence gives London adjacent capital a direct stake in how it plays out.
Under the deal, LTP will act as Tokenet's lead strategic partner across Asia Pacific, giving the platform access to LTP's network of borrowers, lenders and liquidity providers across a region Digital Prime Technologies has flagged as one of the fastest growing digital asset markets globally. LTP operates under licences and registrations across Hong Kong, Australia, the United Arab Emirates and the British Virgin Islands.
"As Tokenet's global network continues to grow, adding a premier institutional prime brokerage with deep roots across Asia represents another important milestone," said James Runnels, chief executive of Digital Prime Technologies. LTP founder and chief executive Jack Yang said institutional markets "are becoming increasingly global, and digital asset lending must evolve beyond regional operating models," positioning Tokenet as infrastructure for standardised, round the clock institutional workflows.
Tokenet's pitch, that institutional digital asset lending needs the same continuous, 24 hour operating model as the assets themselves rather than a patchwork of regional venues, echoes the argument UK infrastructure builders make for PISCES and tokenised gilts: markets built for always on settlement need always on plumbing underneath them. With strategic partners now spanning North America, Europe and Asia Pacific, Tokenet is a useful marker of how fast that plumbing is being assembled globally, even where the UK is not yet a direct participant.
Key Takeaways
Digital Prime Technologies added LTP as a strategic investor in its Tokenet institutional digital asset lending platform.
LTP joins EquiLend, Galaxy Digital and Marex as strategic backers of Tokenet.
LTP will lead Tokenet's expansion across Asia Pacific, holding licences in Hong Kong, Australia, the UAE and the British Virgin Islands.
The deal reflects a wider institutional push toward continuous, always on digital asset lending infrastructure, a model UK tokenisation advocates cite as the direction of travel for regulated markets too.
Sources
How Tokenet got here
LTP is the latest name on a list that has grown quickly. EquiLend, the securities finance technology firm best known for its role in traditional stock lending, invested in Digital Prime Technologies first and remains its strategic partner. Galaxy Digital followed with an investment of its own. Tokenet then went live in May as a venue where institutions post borrowing and lending requirements, manage margin and execute loans, rather than relying on separate bilateral arrangements with each counterparty.
On 29 July 2026 Digital Prime Technologies named ten launch partners: Galaxy Digital, Marex, LTP, Flow Traders, Clear Street, EDX Markets, Ripple Prime, QCP, GSR and StoneX Digital. It reported more than $1 billion of institutional inventory and more than $1 billion of indicative borrowing demand. Those figures describe assets available to lend and interest expressed, not completed loans. Marex then announced an undisclosed investment on 5 August, a week before LTP's.
The market starts with cryptocurrencies and stablecoins. Tokenised and digital securities are planned for a later phase, and that second phase is the part most relevant to anyone tokenising private company shares or fund interests.
What it means for UK founders
Tokenet shows how incumbents prefer to enter this market: by backing a shared venue rather than each building their own. EquiLend brings securities lending relationships, Marex brings a London based brokerage and clearing franchise, and LTP brings licences across Asia Pacific. A UK startup building custody, collateral or settlement tooling may find that plugging into an existing consortium is a shorter route to institutional volume than launching a standalone marketplace.
The UK rulebook is also catching up with this activity. In consultation paper CP25/40, published on 16 December 2025, the FCA proposed making cryptoasset lending and borrowing a regulated activity that needs authorisation. Its proposals include clear pre-contract disclosures, express client consent for each arrangement, over-collateralisation for retail borrowing and a ban on proprietary tokens in lending and borrowing. Tokenised securities, the later phase of Tokenet's roadmap, sit under different rules and can be tested in the Digital Securities Sandbox run by the Bank of England and the FCA. Founders planning a lending or collateral product may want to take professional advice on which regime applies before approaching institutional partners.
Key facts at a glance
Tokenet named ten launch partners on 29 July 2026, including Galaxy Digital, Marex, LTP, Flow Traders and Ripple Prime.
Digital Prime Technologies reported more than $1 billion of institutional inventory and more than $1 billion of indicative borrowing demand.
Marex announced an undisclosed investment in Digital Prime Technologies on 5 August 2026.
LTP's strategic investment followed on 12 August 2026.
Digital Prime Technologies is led by chief executive James Runnels. EquiLend, led by Rich Grossi, is its strategic partner.
In the UK, the FCA's CP25/40 proposes bringing cryptoasset lending and borrowing into regulation; the consultation closed on 12 February 2026.
Further reading
Digital Prime Technologies announces Tokenet launch partners, PR Newswire via AAP, 29 July 2026
Marex invests in Digital Prime to expand institutional crypto lending, Cointelegraph
Marex and Flow Traders among launch partners for Tokenet, Ledger Insights
Key takeaways from FCA CP25/40 on lending, staking and DeFi, Winston and Strawn
Frequently asked questions
What is Tokenet?
Tokenet is Digital Prime Technologies' institutional lending and tokenised asset marketplace. Digital Prime Technologies is a US based institutional technology provider for digital asset lending markets.
Who are the strategic backers of Digital Prime Technologies' Tokenet?
LTP, a global institutional digital asset prime brokerage, announced a strategic investment on 12 August. It joins existing strategic backers EquiLend, Galaxy Digital and Marex, the London headquartered commodities and financial services group.
What role will LTP play in Tokenet's Asia Pacific expansion?
LTP will act as Tokenet's lead strategic partner across Asia Pacific, giving the platform access to its network of borrowers, lenders and liquidity providers. LTP operates under licences and registrations across Hong Kong, Australia, the United Arab Emirates and the British Virgin Islands.
Why does Tokenet focus on round the clock institutional lending?
Tokenet's pitch is that institutional digital asset lending needs the same continuous, 24 hour operating model as the assets themselves, rather than a patchwork of regional venues.
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