EquiLend has made a strategic investment in Digital Asset Technologies, a provider of digital asset solutions spanning execution, prime brokerage, and lending.
With the investment, EquiLend extends its institutional market infrastructure model into digital assets, including crypto, tokenised assets and stablecoins. This gives the global securities finance fintech a foothold in digital asset financing while maintaining the same governance, transparency and control.
A press release said the partnership aligns EquiLend’s infrastructure with these digital assets, delivering connectivity across trading, post-trade and data & analytics to address accelerating market structure changes and client demand for governed, transparent, straight-through workflows across lending and financing in traditional and digital instruments.
Together, EquiLend and Digital Prime will enable workflows across trading, post-trade, and data, with an initial focus on institutional financing for tokenised assets, digital securities and crypto through Tokenet, Digital Prime’s network. The network provides multi-custodian and multi-collateral life-cycle management, exposure monitoring and institutional reporting, with future phases deploying regulated stablecoin collateral and additional tokenized instruments.
James Runnels, co-founder and CEO of Digital Prime Technologies said: “EquiLend’s investment and network will help us scale thoughtfully while we continue to prioritise compliance, risk management and transparency for clients.”
