EquiLend strategically invests in the crypto financing platform Digital Prime Technologies

According to CoinDesk, traditional financial giant EquiLend has announced a strategic minority stake investment in the crypto financing platform Digital Prime Technologies, focusing on collaborating with its institutional lending network Tokenet, and will introduce new features such as regulated stablecoin collateral.

EquiLend manages over $40 trillion in lendable assets and states that this move is to adapt to the trend of asset tokenization rather than a transformation, accelerating the integration of traditional and digital asset markets.