Institutional crypto trading program launched in partnership between JellyC, OKX, and Standard Chartered for digital asset management
In a groundbreaking move, Australian digital asset investment manager Jellycat has joined forces with cryptocurrency exchange OKX and international bank Standard Chartered in a tripartite collateral program. This partnership, announced on Wednesday, aims to bridge institutional-grade security with access to the dynamic stock market today.
The program addresses the growing institutional demand for crypto trading solutions that leverage established banking infrastructure. By allowing institutional traders to use tokenized assets as trading collateral while maintaining traditional banking custody standards, it offers a unique blend of the best of both worlds.
Standard Chartered, classified as a Globally Systemically Important Bank (G-SIB), provides custodial services that meet traditional finance compliance standards. In the arrangement, the bank serves as the custodian for the collateral.
Jellycat operates four investment funds: the Bluebottle Bitcoin Plus Fund for enhanced Bitcoin exposure, the Market Neutral Fund for income generation through blockchain strategies, the Multi-Strategy Fund for diversified digital investments, and the Digital Infrastructure Fund for staking yields. The partnership with OKX and Standard Chartered will enhance the security and accessibility of these funds.
Jellycat CEO Michael Prendiville stated that the combination with Standard Chartered's custody services creates 'safety and soundness to a level akin to traditional finance.' Meanwhile, OKX Australia CEO Kate Cooper expressed that the collaboration with world-class partners has built the infrastructure that institutions have been waiting for.
The program, launched on July 30, 2025, targets Australian institutional investors such as wealth managers and superannuation funds. It is designed to provide these investors with the confidence and security they need to venture into the stock market today.
Notably, Jellycat has chosen Franklin Templeton's Tokenised Money Market Fund (TMMF) as its preferred trading collateral within the program. The TMMF, developed by Franklin Templeton's digital assets team, operates on blockchain infrastructure, providing real-time ownership verification and daily token distributions.
This collaboration marks a significant step forward in bringing institutional investors into the crypto space, bridging the gap between traditional finance and the digital asset ecosystem. It is expected to foster growth and innovation in the crypto market, providing more opportunities for both investors and businesses.
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