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OKX Expands Funding Round to Circle and Ripple at $25 Billion Valuation

Cryptocurrency exchange OKX has reportedly added Circle, Ripple, SC Ventures, and QRT to its shareholder base at a steady $25 billion valuation.

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Crypto exchange OKX has expanded its funding round to include Circle, Ripple, SC Ventures, and Qube Research & Technologies, according to an October 6 Bloomberg report. The private transaction reportedly maintains the platform’s valuation at $25 billion, though the specific capital raised and equity stakes involved were not disclosed.

The move extends a financing round from March 2026, when Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, acquired a stake at the same $25 billion valuation and secured a board seat.

The newly cited investors encompass various sectors of digital and traditional finance, including stablecoin issuer Circle, cross-border payments company Ripple, Standard Chartered's investment arm SC Ventures, and quantitative manager QRT. According to reported details, the incoming capital is intended to support the development of OKX's market infrastructure.

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