Timeline
- 7.5
We're announcing a strategic investment from @Circle, QRT, @Ripple and SC Ventur
OKX announced a strategic investment from Circle, QRT, Ripple and Standard Chartered's SC Ventures at a $25 billion pre-money valuation. OKX framed the round as aligning "critical builders" behind its vision for the next generation of onchain markets. The investor group spans a major stablecoin issuer, a payments-focused crypto company, a quantitative trading firm and a global bank's venture unit, tying OKX to institutions across stablecoins, payments and banking. OKX said the investment aligns these builders behind its onchain markets roadmap. The announcement states the $25 billion figure is a pre-money valuation, meaning the valuation assigned to the company before the new capital is added; the amount invested was not disclosed. The named participants are Circle, QRT, Ripple and SC Ventures, the venture unit of Standard Chartered.
- 7.5
OKX Completes New Funding Round at $25 Billion Valuation, with Standard Chartered Among Participants
OKX has completed a new funding round at a $25 billion valuation, according to a Bloomberg report cited by Foresight News. The round is an extension of OKX's March funding round, with participants including Circle, Ripple, Standard Chartered's investment arm SC Ventures and quantitative hedge fund Qube Research & Technologies. The investor list adds a bank-affiliated venture arm plus a stablecoin issuer and a payments-focused crypto firm to OKX's cap table, indicating continued institutional participation in crypto exchange equity. The report describes the deal as an extension of the round OKX raised in March and does not disclose the amount raised in this round.