OKX brings Circle, Ripple and Standard Chartered in at $25 billion valuation

OKX has brought Circle, Ripple, Standard Chartered’s SC Ventures and Qube Research & Technologies into its investor base at a $25 billion pre-money valuation. That puts a major crypto exchange in the middle of a financial-industry alignment, with traditional institutions taking equity as OKX expands beyond trading into broader onchain markets.

The investment extends OKX’s March funding round, when ICE, the NYSE parent, invested roughly $200 million at the same valuation. OKX did not disclose the new round’s size and said the backing is strategic rather than driven by capital needs.