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Galaxy Digital Invests in Tokenet Developer Digital Prime Technologies

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Galaxy Digital (GLXY) said Tuesday it invested in Digital Prime Technologies, strengthening its focus on institutional digital asset lending.

The company previously participated in the launch of Tokenet, a platform developed by Digital Prime Technologies in partnership with EquiLend and launched in May.

Digital Prime said it will use the proceeds to accelerate development of the platform and expand its institutional client base.

Galaxy Digital shares were down over 6% in recent trading activity.

Price: $31.07, Change: $-2.06, Percent Change: -6.20%

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