Digital Prime Technologies has launched Tokenet, an institutional digital asset lending platform.

BlockBeats News, on November 8th, Digital Prime Technologies, LLC, a digital asset technology solutions provider, announced the launch of Tokenet, an institutional digital asset lending platform. Tokenet has created a reliable ecosystem for users to interact with counterparts, allowing companies to issue loan requests and manage collateral, and access a full suite of reports through an enterprise-level system. The platform also has loan lifecycle management tools with features such as automatic market monitoring, returns, recalls, and repricing, all managed through its 24/7 chat function. In addition, Tokenet provides risk management tools for customers, enabling institutions to reflect traditional financial standards while reducing operational and counterpart risks. Digital Prime Technologies has partnered with crypto platform and custodian Anchorage Digital to provide custody and settlement services for Anchorage Digital and Tokenet's joint clients.