OKX exchange raises fresh capital at $25B valuation
Summary
OKX raised an undisclosed amount at a $25 billion valuation from existing investors, including SC Ventures, Qube Research & Technologies, Ripple and Circle. The funding extends a round announced in March, when the exchange raised $200 million from ICE at the same valuation. CEO Star Xu said the capital will support OKX’s shift toward a broader financial technology platform. Separately, an OKX–ICE joint venture filed with the SEC to launch a tokenized stock trading platform under the agency’s innovation exemption.
