Several ex-Cantor Fitzgerald executives started a crypto lending platform with the expectation that it will serve operators of spot Bitcoin exchange-traded funds once they gain US regulatory approval.

JERSEY CITY, N.J., Nov. 7, 2023 /PRNewswire/ — Digital Prime Technologies, LLC, an innovative provider of digital asset technology solutions for financial institutions, announced today the launch of Tokenet, an institutional digital asset lending platform, which a group of leading firms has already adopted at launch. This groundbreaking platform combines enterprise-grade technology and flexible functionality with industry best practices and expertise expected by traditional financial institutions.

Digital Prime Technologies’ head of lending solutions Courtney Campbell speaks to Carmella Haswell about spearheading the firm’s new digital asset lending platform, Tokenet, and how it plans to reshape the institutional digital lending market Digital Prime Technologies is set to release its automated lending platform Tokenet at the end of Q1 2023. The platform will enable institutional dealers to post borrow needs, broadcast lend availability and select collateral haircuts. It seeks to provide loan lifecycle management, as well as a number of counterparty risk tools.

Transforming the digital asset landscape. Digital Prime Technologies has assembled the Board, team and the tech to go along with best practices and products from traditional finance to allow capital markets firms to launch and manage a digital asset offering for their existing clients, at a time when best practices and corporate governance is of the upmost importance for institutional investors.

DLCC Prime, a wholly owned subsidiary of Digital Prime Technologies, announced today that it has been granted FINRA (Financial Industry Regulatory Authority) membership, and with it, the ability to operate as a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC).

Digital Prime Technologies, an innovative provider of digital asset technology solutions for financial institutions, announced today it has undergone a System and Organization Controls (SOC) examination. The resulting SOC 2 Type 1 report consists of an independent evaluation of the design and implementation of system security and processing controls.

Digital Prime Technologies, an innovative provider of prime brokerage technology solutions for financial institutions entering the crypto and digital asset space, announced today the addition of Mark Spelker, CPA, as Chief Financial Officer.