Liquidise and JellyC partner to tokenise funds on Redbelly Network
Liquidise, a leading provider of liquidity solutions, and JellyC, a leading digital asset management firm, have announced an agreement to tokenise JellyC Funds on the Redbelly Network. This partnership will enable the tokenisation of funds under the JellyC umbrella, providing investors with unprecedented access to liquidity, transparency, and compliance.
The collaboration between Liquidise, Redbelly Network, and JellyC aims to deliver a fully liquid and compliant tokenised fund, allowing investors to benefit from real-time net asset value (NAV) unit pricing, full transparency, and auditability over ownership.
By leveraging the speed and inbuilt accountability layer of Redbelly Network, where all network users undergo a KYC process and are issued verified credentials, the partnership will redefine the way funds are managed and traded, ensuring all parties know exactly who they are dealing with to meet fundamental compliance requirements.
“Through this partnership we can provide our investors with unparalleled liquidity, transparency, and compliance, while also opening up new opportunities for us to interact with the market,” said Michael Prendiville, Co-Founder of JellyC. “We’re excited to partner with Liquidise to bring this technology to the asset management industry. Collectively we will be paving the way for the mainstream adoption of tokenised funds in the asset management sector.”
Liquidise Co-Founder and CEO Matt Mills said, “Liquidise is excited to be working with JellyC to tokenise and enable better liquidity for their funds and investors. By building on Redbelly blockchain with accountability at its core, this collaboration will deliver a compliant tokenised fund that gives investors greater visibility and control over their investments. We hope that through demonstrating the benefits tokenisation brings, more funds will follow the same path and choose Liquidise.”
“This partnership showcases how Redbelly Network’s unique composable compliance and instant finality can bring greater transparency, trust, and efficiency to the management and trading of private equity and venture capital funds. By ensuring that all users are verified through our KYC process, we enable our partners to know exactly who they’re dealing with, a critical factor for compliance and seamless collaboration,” added Alan Burt, Chairman, Redbelly Network.
The partnership between Liquidise, Redbelly, and JellyC is set to bring new opportunities to the tokenised funds market. By building on Redbelly’s verified and patented technology, the trio aims to set a new standard for the asset management industry, providing investors with unparalleled access to liquidity, transparency, and compliance.
