Trading technology provider EquiLend has made a strategic investment into US crypto financing and prime brokerage technology provider, Digital Prime Technologies.
Rich Grossi
The partnership is expected to allow EquiLend to align its infrastructure with tokenised assets, digital securities and crypto through access to Digital Prime’ network, Tokenet, enabling connectivity across trading, post-trade and data workflows.
Initially, the two firms will also specifically focus on enhancing market transparency and operational efficiency by corresponding workflows with EquiLend’s Next Generation Trading (NGT) and the 1Source post-trade platforms, routing aggregated activity to EquiLend’s data and analytics solution.
“As digital asset adoption accelerates, market participants increasingly expect a seamless, unified experience across traditional and digital workflows. Institutions expect governance, transparency and straight-through processing in every asset class,” said Rich Grossi, chief executive of EquiLend.
“Investing in Digital Prime extends our infrastructure model to tokenised assets and digital markets, positioning us to support clients as our market structures evolves.”
Read more – EquiLend expands EFG Hermes relationship to cover trading via the NGT platform
Currently, Digital Prime’s Tokenet solution spans life-cycle management, exposure monitoring and institutional reporting, with future expansion scheduled for regulated stablecoin collateral and additional tokenised instruments.
James Runnels, co-founder and chief executive of Digital Prime Technologies, said: “Digital Prime is built around institutional standards. EquiLend’s investment and network will help us scale thoughtfully while we continue to prioritise compliance, risk management and transparency for clients.”
The investment follows an increasing uptick in convergence between traditional finance and digital assets across the market, as well as a growing demand for governed, transparent and straight-through workflows as market structure begins to change.
Similar developments to address this demand have been noted across the industry in recent months. In July 2025, the UK’s first regulated digital securities exchange, Archax, announced that it was set to acquire Germany-based digital asset manager, Deutsche Digital Assets (DDA), to complement the increasing growth of digital assets and crypto ETPs in the UK market.
In addition, Euronext and Cboe Clear Europe have also both announced plans this year to extend their clearing services to cover cryptocurrency exchange-traded products (ETPs) listed on its platforms.