JellyC Partners with Standard Chartered and OKX for Secure Crypto Trading

JellyC, a digital asset investment manager with over $100 million in assets, has partnered with crypto exchange OKX and Standard Chartered for a new trading program. Key points include:

The program enables JellyC to trade cryptocurrencies while keeping collateral secure off-platform.
JellyC will utilize a tokenized money market fund (TMMF) from Franklin Templeton as its primary trading collateral, held by Standard Chartered.
This initiative aims to enhance capital efficiency and reduce exposure to OKX, attracting institutional investments while mitigating risks associated with major crypto failures.
JellyC CEO Michael Prendiville highlighted the TMMF's legal certainty of ownership and daily airdrops of new tokens.
The approach targets wealth management and Australia’s superannuation sector, focusing on secure and compliant digital asset trading.