# Introduction TermPrime is an inter-bank matching layer for fixed-rate, fixed-term repo, built on the Canton Network. It lets institutions move term secured financing away from phone calls, RFQ, and one-to-one bilateral negotiation, and onto a more efficient multi-party matching interface — while keeping every trade within the set of counterparties each participant has already approved. TermPrime is deliberately narrow in what it does. It is a neutral venue for **price discovery and matching**: it brings approved counterparties together, lets them transact term repo on agreed terms, and records the result. It does not take custody of assets, it does not hold credit risk, and it does not intervene in risk management. Each participant evaluates its own counterparties, sets its own limits, and bears its own exposure. Asset transfer and settlement can integrate with existing custody and settlement rails, so TermPrime sits alongside the infrastructure institutions already use rather than replacing it. At launch, TermPrime focuses on **tokenized** **U.S. Treasuries and Canton Coin** as the primary market assets, with additional asset types added over time. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.termprime.finance/overview/introduction.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.