Digital Asset Manager JellyC Partners OKX, Standard Chartered for Institutional Crypto Trading Program

Australian digital asset investment manager JellyC has joined a tripartite collateral program with cryptocurrency exchange OKX and international bank Standard Chartered, enabling institutional traders to use tokenized assets as trading collateral while maintaining traditional banking custody standards.

The collaboration allows JellyC to post cryptocurrencies and Franklin Templeton's Tokenised Money Market Fund (TMMF) as off-exchange collateral for trading on OKX, with Standard Chartered serving as custodian. The arrangement aims to bridge institutional-grade security with crypto market access, the company said in an announcement on Wednesday.

JellyC selected Franklin Templeton's TMMF as its preferred trading collateral within the program. The tokenized fund operates on blockchain infrastructure, providing real-time ownership verification and daily token distributions.

"Franklin Templeton's natively minted on-chain TMMF provides legal certainty of fund ownership in real time, 24/7/365, and airdrops daily as new tokens," said JellyC CEO Michael Prendiville in a company announcement. He characterized the combination with Standard Chartered's custody services as creating "safety and soundness to a level akin to traditional finance."

The partnership addresses institutional demand for crypto trading solutions that leverage established banking infrastructure. Standard Chartered, classified as a Globally Systemically Important Bank (G-SIB), provides custodial services that meet traditional finance compliance standards.

JellyC operates four investment funds targeting different digital asset strategies: the Bluebottle Bitcoin Plus Fund for enhanced Bitcoin exposure, the Market Neutral Fund for income generation through blockchain strategies, the Digital Infrastructure Fund for staking yields, and the Multi-Strategy Fund for diversified digital investments.

OKX Australia CEO Kate Cooper noted that institutional traders have historically faced trade-offs between market access and asset security. "Through collaboration with world-class partners, we've built the infrastructure that institutions have been waiting for," Cooper said in the announcement.

Franklin Templeton's digital assets team developed the tokenized money market fund as part of the firm's broader real-world asset tokenization initiative. The collaboration integrates these on-chain assets into JellyC's operational structure.

The program launched on July 30, 2025, and targets Australian institutional investors including wealth managers and superannuation funds.