Galaxy Digital invests in Digital Prime Technologies' Tokenet platform

Galaxy Digital (Nasdaq: GLXY) has made a strategic investment in Digital Prime Technologies, the company behind Tokenet, an institutional digital asset lending platform that launched in May 2026.

Tokenet was developed by Digital Prime Technologies in partnership with EquiLend, a financial technology firm specializing in securities finance. The platform applies securities lending workflows, risk controls, and lifecycle management to digital assets. Galaxy Digital participated in Tokenet's launch as one of its initial institutional participants.

"The maturation of digital asset lending depends on infrastructure that institutions can trust from day one. Tokenet has been built with that bar in mind, and Galaxy's investment in Digital Prime is a reflection of our confidence in both the platform and the team behind it," said Max Bareiss, Head of Lending at Galaxy Digital.

James Runnels, Co-Founder and CEO of Digital Prime Technologies, said the investment "validates what we set out to build: an institutional-grade platform that closes the gap between digital asset lending and the standards the traditional market already operates by."

Nick Delikaris, Chief Product Officer at EquiLend, said Galaxy's investment "reinforces that the market is moving" toward digital asset lending that meets institutional operational standards.

Digital Prime Technologies said it will use the investment to accelerate Tokenet's development and expand its institutional client base. EquiLend's global network is described as the distribution foundation for the platform's growth.

The financial terms of the investment were not disclosed. This information is based on a press release issued by EquiLend.

You May Also Be Interested In

• Waymo Explores Split With Uber - FT
• Unusual Machines to Announce Second Quarter 2026 Financial Results and Provide Corporate Update
• Galaxy Schedules Webcast and Investor Call to Review Second Quarter 2026 Results on August 5, 2026