The "JellyC" encryption fund collaborates with "Standard Chartered" and "OKX" to secure digital currency trading.



Key points:
1. New Partnership: The digital asset management company "JellyC" (, which manages assets exceeding 100 million dollars ), has partnered with the cryptocurrency exchange "OKX" and the international bank "Standard Chartered" to enable secure trading of digital currencies without the need to pre-fund the exchange.
2. Off-exchange collateral: "JellyC" will use the tokenized money market fund of "Franklin Templeton" as collateral, which will be held through "Standard Chartered", enhancing capital efficiency and reducing risks.
3. **Attracting Institutional Investments:** This step aims to attract institutional investors by combining liquidity with safe and compliant fund custody solutions, while reducing the risks of collapses similar to the "FTX" collapse.
4. Advantages of the tokenized fund: The "Franklin Templeton" fund provides legal transparency in asset ownership around the clock, with daily profit distribution, making it suitable for wealth management and pension funds.
5. **Integration with the banking infrastructure:** This model is suitable for trading in digital assets while relying on traditional banking infrastructure to ensure security and regulatory compliance.
GT2.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)