EquiLend, a major player in securities finance with $40 trillion in lendable assets, has made a strategic investment in Digital Prime, a regulated crypto utility provider. This partnership aims to leverage Digital Prime's Tokenet, an institutional lending network, to facilitate the tokenization of real-world assets.
EquiLend CEO Rich Grossi emphasized the importance of this move in preparing for the future of asset tokenization, especially as U.S. regulations become more favorable towards cryptocurrencies. Grossi highlighted the increasing convergence of traditional and digital asset regulations as a key factor in this strategic alignment.
EquiLend Invests in Digital Prime to Connect $40 Trillion Assets with Tokenized Markets
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