Galaxy Digital Invests in Digital Prime to Speed Tokenet Platform Growth
GLXY•Galaxy Digital has made a strategic investment in Digital Prime Technologies, bolstering its role as a launch participant on Tokenet, the institutional digital asset lending platform developed with EquiLend that went live in May 2026. The funding will accelerate Tokenet's development and expand its institutional client base.
1. Investment Overview
On June 23, 2026, Galaxy Digital made a strategic investment in Digital Prime Technologies, marking a deeper commitment to institutional digital asset lending. The investment builds on Galaxy's existing participation as a launch participant on Tokenet, the institutional digital asset lending platform that went live in May 2026. Tokenet was developed by Digital Prime in partnership with EquiLend, applying proven securities lending workflows, risk controls, and lifecycle management to digital assets. The deal underscores Galaxy's confidence in Tokenet's infrastructure and in Digital Prime's multi-faceted technology suite. Financial details of the investment were not disclosed.
2. Strategic Rationale
Galaxy's investment reflects its view that institutional digital asset lending requires governance and transparency standards comparable to traditional markets. Max Bareiss, Head of Lending at Galaxy Digital, emphasized that Tokenet meets the operational rigor institutions demand from day one. Digital Prime CEO James Runnels highlighted that having Galaxy as both a live participant and investor validates the platform's direction and market potential. EquiLend's Chief Product Officer Nick Delikaris noted that the partnership ensures institutional participants can access digital asset lending without compromising on operational standards.
3. Future Plans
Digital Prime intends to use Galaxy's funding to accelerate Tokenet's product development and broaden its institutional client base. The platform leverages EquiLend's global network to support distribution and scaling efforts across North America, EMEA, and Asia-Pacific jurisdictions. As Tokenet gains traction among broker-dealers and capital markets firms, the platform aims to close the gap between digital and traditional securities lending practices. Galaxy's involvement may pave the way for further collaborations in digital asset lending solutions.



