{"id":39273,"date":"2025-07-29T08:36:41","date_gmt":"2025-07-29T08:36:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39273"},"modified":"2025-07-29T08:36:41","modified_gmt":"2025-07-29T08:36:41","slug":"crypto-fund-jellyc-teams-up-with-standard-chartered-okx-for-secure-crypto-trading","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39273","title":{"rendered":"Crypto Fund JellyC Teams Up With Standard Chartered, OKX for Secure Crypto Trading"},"content":{"rendered":"<div>\n<p>JellyC, a digital asset investment manager with over $100 million in assets under management, said it joined a program with crypto exchange OKX and international bank Standard Chartered (STAN) that will allow it to trade cryptocurrencies while keeping its collateral secure off-platform.<\/p>\n<p>The Australian company said it will use a Franklin Templeton <a href=\"https:\/\/www.coindesk.com\/business\/2025\/02\/12\/franklin-templeton-expands-usd594m-market-money-fund-to-solana\">tokenized money market fund<\/a> (TMMF) as its preferred trading collateral. The collateral will be held by Standard Chartered, according to the press release shared with CoinDesk.<\/p>\n<p>JellyC said the initiative will enhance its capital efficiency and reduce its direct exposure to OKX, potentially attracting institutional investments and mitigating the risk of an FTX-style blowup that destroyed billions in investor wealth.<\/p>\n<p>&#8220;Franklin Templeton\u2019s natively minted on-chain TMMF provides legal certainty of fund ownership in real time, 24\/7\/365, and airdrops daily as new tokens,&#8221; JellyC CEO Michael Prendiville said in the email. &#8220;Marrying the Franklin TMMF with the Standard Chartered and OKX tripartite collateral structure elevates safety and soundness to a level akin to traditional finance, making this fit for purpose in a digital world.&#8221; <\/p>\n<p>Prendville said the approach is suitable for the wealth and funds management sector, as well as Australia&#8217;s superannuation, or pensions savings, industry and caters to the demand for digital asset trading products that leverage established banking infrastructure to ensure secure and compliant capital deployment in the cryptocurrency market.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>JellyC, a digital asset investment manager with over $100 million in assets under management, said it joined a program with crypto exchange OKX and international bank Standard Chartered (STAN) that will allow it to trade cryptocurrencies while keeping its collateral secure off-platform. The Australian company said it will use a Franklin Templeton tokenized money market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39273","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39273"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39273\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}