OKX Raises Funding at $25B Valuation With Circle, Ripple, Standard Chartered Backing

OKX raised new funding at a flat $25 billion valuation, with Circle Internet Group, Ripple and Standard Chartered's SC Ventures participating alongside new investor Qube Research & Technologies, Bloomberg reported on Oct. 6, 2026. The exchange declined to disclose the amount raised. The round extends a March 2026 deal in which Intercontinental Exchange, owner of the New York Stock Exchange, invested roughly $200 million at the same $25 billion mark. The valuation has not moved in seven months. London-based quant firm QRT, a Credit Suisse spinout, already operates a crypto fund holding about $1 billion. The capital is earmarked to strengthen OKX's long-term market infrastructure, said Haider Rafique, the exchange's global managing partner. Separately, OKX and ICE's joint venture, OKXICE LLC, said Oct. 5 it is seeking approval to sell tokenized stock in 63 U.S. public companies, including Nvidia, Apple and Coca-Cola, under an SEC innovation exemption that permits trading tokenized U.S. equities on public blockchains without national exchange registration for up to five years.