LTP makes a strategic investment in Digital Prime Technologies to accelerate Tokenet's expansion in the Asia-Pacific region.
ChainCatcher news: Institutional digital asset lending technology provider Digital Prime Technologies announced on August 12 that it has received strategic investment from global institutional digital asset prime broker LTP. LTP will become its principal strategic partner in the Asia-Pacific region, supporting the expansion of institutional participation on the Tokenet platform in the Asia-Pacific market.
Tokenet is the institutional digital asset and tokenized asset lending platform operated by Digital Prime Technologies. Following this investment, LTP will join previously onboarded partners EquiLend, Galaxy Digital, and Marex in advancing the global institutional infrastructure for Tokenet. LTP stated it will leverage its institutional client network, prime brokerage capabilities, and financing expertise to accelerate adoption of Tokenet among financial institutions in the Asia-Pacific region.
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