Digital Prime Technologies launches institutional digital asset lending platform Tokenet

Digital Prime Technologies, LLC, a provider of digital asset technology solutions, announced the launch of its institutional digital asset lending platform, Tokenet. Tokenet has created a reliable ecosystem for users to interact with counterparts, allowing companies to issue loan requests and loan availability, manage collateral, and access a complete suite of reports through an enterprise-grade system. The platform also has loan lifecycle management tools with functions such as automatic monitoring, returns, recalls, and repricing, all managed through its 24/7 chat function. In addition, Tokenet also provides risk management tools for customers, enabling institutions to reflect traditional financial standards while reducing operational and counterparty risk. Digital Prime Technologies has partnered with cryptocurrency platform and custody provider Anchorage Digital to provide custody and settlement services for Anchorage Digital and Tokenet's joint clients.