Circle, Ripple and Standard Chartered Back OKX at Flat $25B Valuation
Summary
OKX raised an undisclosed amount at a $25 billion valuation from Circle, Ripple, SC Ventures and Qube Research & Technologies, extending a round that included a $200 million investment from ICE in March. The latest funding is intended to strengthen OKX’s market infrastructure. Separately, OKX and ICE are seeking approval to offer tokenized shares in 63 U.S. companies under an SEC innovation exemption. The framework permits qualifying venues to trade tokens with ordinary shareholder rights, subject to listing limits and a 30-day issuer objection period. OKX also offers perpetual futures tied to major U.S. stocks and indices.
