JellyC Partners With OKX and Standard Chartered to Enable Secure Off-Exchange Crypto Collateral

Digital asset investment firm JellyC has announced a collaboration with crypto exchange OKX and global banking giant Standard Chartered to facilitate cryptocurrency trading using secure, off-platform collateral mechanisms.

Under the partnership, JellyC will use tokenized money market funds (TMMFs) from Franklin Templeton as collateral for trading, with custody managed by Standard Chartered. The Australian firm, which oversees over $100 million in assets, says the move is designed to improve capital efficiency while reducing counterparty risk.

According to a press release shared with CoinDesk, the initiative allows JellyC to execute trades on OKX while safeguarding collateral outside the exchange environment—an increasingly important consideration following past industry failures such as the collapse of FTX.

“Franklin Templeton’s on-chain TMMF offers real-time, legally verifiable fund ownership around the clock and distributes earnings via daily token airdrops,” said Michael Prendiville, CEO of JellyC. “Combining this with Standard Chartered’s custody and OKX’s exchange infrastructure creates a collateral model that aligns with traditional finance standards while operating within the digital asset ecosystem.”

JellyC emphasized that the structure is particularly suited for asset managers, wealth platforms, and Australia’s superannuation sector—groups that are seeking regulated, compliant pathways into crypto markets. By leveraging familiar financial infrastructure, the firm hopes to bridge the gap between institutional capital and emerging digital asset opportunities.

The model reflects growing interest in secure, transparent collateral arrangements that enable digital asset exposure without sacrificing the safeguards institutional investors expect from traditional finance.