Digital Prime Technologies Expands Tokenet to BitGo Bank & Trust, Broadening Multi-Custodian Reach
Rhea-AI Summary
Digital Prime Technologies completed integration of its Tokenet platform with BitGo Bank & Trust (NYSE: BTGO), an OCC-regulated digital asset trust bank and BitGo subsidiary.
The integration enables institutional bilateral digital asset lending, with BitGo providing qualified custody, offline cold storage insured up to $250M, and Go Network off-chain, real-time settlement within a multi-custodian model.
Positive
- Tokenet now integrated with OCC-regulated BitGo Bank & Trust for custody and settlement
- Client assets in BitGo Bank & Trust cold storage reportedly insured up to $250M
- Multi-custodian model supports collateral management and full loan lifecycle through preferred custodians
- Planned tri-party integration aims to extend collateral management flexibility for lending clients
Negative
- None.
News Market Reaction – BTGO
In the Jun 30 session, BTGO declined 1.89%, reflecting a mild negative market reaction. Argus tracked a peak move of +6.1% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 29 | Custody expansion | Positive | +3.1% | BitGo Bank & Trust adds qualified custody support for YLDS security. |
| Jun 22 | DeFi product launch | Positive | -1.5% | Planned DeFi vault offering with Morpho to broaden institutional access. |
| Jun 18 | EU platform launch | Positive | +0.0% | MiCAR-compliant Crypto-as-a-Service platform launched for European clients. |
| Jun 17 | Leadership change | Positive | +0.0% | Appointment of Angela Ang to lead APAC and BitGo Singapore operations. |
| Jun 17 | Share repurchase | Positive | +8.6% | Authorization of up to $50 million share repurchase program for common stock. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
BTGO has reacted strongly to major strategic and capital-return news, while other business-development updates have seen flat or negative moves.
Key Terms
qualified custody financial
off-chain technical
tri-party solution financial
mark-to-market financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Tokenet now supports bilateral digital asset lending with BitGo Bank & Trust providing qualified custody and settlement infrastructure, extending the platform's institutional reach across preferred client infrastructure
Tokenet's integration with BitGo reflects the preferences of Tokenet's launch clients, who rely on BitGo's infrastructure for its broad support of the Canton Network. BitGo Bank & Trust has established itself as a key institutional gateway to the ecosystem through its support for Canton Coin,
Client assets held in qualified custody with BitGo Bank & Trust benefit from offline cold storage, insured up to
Digital Prime Technologies is also in the advanced stages of integrating with BitGo Bank & Trust's tri-party solution, which will extend the platform's collateral management capabilities further and address requirements from clients seeking additional flexibility in their lending arrangements.
EquiLend, whose partnership with Digital Prime Technologies provides the distribution foundation for Tokenet to scale within the institutional lending community.
"We're excited to partner with Digital Prime Technologies and EquiLend to provide the custody and settlement foundation that enables institutions to access lending workflows. Continued institutional adoption depends on trusted infrastructure designed for security and scale while supporting the networks and assets, like
"Custody is foundational to digital assets, and we are pleased to announce another significant milestone in expanding client choice with the completion of Tokenet's integration with BitGo. BitGo's reputation as a trusted custody provider makes this a meaningful addition to our growing custody ecosystem. We remain committed to offering clients flexibility in how they custody their digital assets and look forward to continued partnership with BitGo and future functional integration like tri-party," said James Runnels, Co-Founder and CEO of Digital Prime Technologies.
"Building out a genuine multi-custodian model is central to what makes Tokenet a credible institutional solution. As EquiLend's partner in bringing this platform to the securities finance community, we're pleased to see Tokenet expanding to meet clients on their preferred infrastructure," said Nick Delikaris, Chief Product Officer, EquiLend.
About EquiLend
EquiLend is a global financial technology firm offering Trading, Workflow Automation, Data & Insights, and Digital Solutions for the securities finance industry. With offices in
The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the
For more information, please visit www.equilend.com.
About Digital Prime Technologies
Through a multi-faceted product suite, Digital Prime Technologies enables its clients to quickly and easily deploy a full suite of digital asset solutions spanning execution, prime brokerage and lending. The digital assets sector is complicated and evolving rapidly, Digital Prime Technologies is built on TradFi principles and industry practices that are core to US regulated securities markets. Digital Prime Technologies' offering allows broker-dealers and capital markets firms to transact in the digital asset space with robust and fully customizable services suited to their business and compliance needs.
For more information, please visit https://digitalprimetechnologies.com/.
About BitGo
BitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank & Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including many of the industry's top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit www.bitgo.com.
Media Contact:
media@equilend.com
press@bitgo.com
Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on March 27, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.
View original content to download multimedia:https://www.prnewswire.com/news-releases/digital-prime-technologies-expands-tokenet-to-bitgo-bank--trust-broadening-multi-custodian-reach-302814020.html
SOURCE EquiLend