LTP invests in Digital Prime Technologies to expand Tokenet in Asia-Pacific

LTP has made a strategic investment in Digital Prime Technologies, giving the institutional technology provider another backer as it builds out Tokenet, its platform for institutional digital asset and tokenized asset lending. The deal brings LTP into a consortium that already includes EquiLend, Galaxy Digital and Marex, and positions the prime broker as Digital Prime Technologies’ lead strategic partner in Asia-Pacific. Digital Prime Technologies said Tokenet will gain access to LTP’s network of borrowers, lenders, liquidity providers and other market participants, a move aimed at increasing institutional participation in one of the fastest-growing digital asset markets. The companies framed the partnership as part of a broader effort to build secure, compliant and capital-efficient infrastructure for 24/7 institutional lending across major financial regions and time zones. James Runnels, Chief Executive Officer of Digital Prime Technologies, said LTP’s client network, prime brokerage services and financing capabilities would help speed Tokenet’s adoption among financial institutions in Asia and improve links between regional and global liquidity pools. Jack Yang, Founder and Chief Executive Officer of LTP, said institutional digital asset lending needs to move beyond regional models and that Tokenet offers standardized, institutional-grade workflows for continuously operating global markets.

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