Crypto Fund JellyC Teams Up With Standard Chartered, OKX for Secure Crypto Trading

Ether treasury companies are just getting started, could own 10% of coin one day, says Standard Chartered

Since the start of June, ether accumulators have purchased 1% of the coin in circulation.

Crypto Fund JellyC Teams Up With Standard Chartered, OKX for Secure Crypto Trading

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 fund (TMMF) as its preferred trading collateral. The collateral will be held b…

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 fo…

Corporate Ethereum Treasuries Could Hit 10% of Supply, Says Standard Chartered - Invest In Crypto News

Ethereum is entering a new phase of institutional adoption. From treasury strategies to bullish price targets, it is getting serious attention from corporate and financial players.  As per a recent report from Standard Chartered, institutional treasuries now hold around 1% of ETH’s total circulating supply. But that’s just the beginning. The bank believes that this could grow tenfold, with businesses eventually holding up to 10% of ETH’s total s…

Corporations have acquired 1% of Ether supply: Standard Chartered

Corporate treasury firms have amassed over 1% of the circulating Ether supply, according to Standard Chartered.