Fartcoin Surges as Major Financial Institutions Launch New Trading Platform

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Fartcoin has surged nearly 100% over the past week, marking a notable uptick in the Solana-based meme coin's popularity. In related news, Standard Chartered, OKX, and Franklin Templeton have launched a pilot trading platform tailored for institutional clients. This platform allows the use of crypto and tokenized money market funds as collateral for off-exchange transactions. The initiative is designed to enhance security and compliance while promoting the integration of digital assets into traditional finance. Brevan Howard Digital is one of the first participants, reflecting the ongoing institutionalization of the digital asset sector. This program will utilize established custody frameworks to ensure safe transactions and capital efficiency, indicating a significant step towards regulatory adoption within the cryptocurrency landscape. As these platforms evolve, they aim to address growing institutional demand for secure and compliant digital asset management, further legitimizing the role of cryptocurrencies in mainstream finance.