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OKX raises funds at $25B valuation, plans tokenized stock trading with ICE JV approval.

Market News
06 Oct 2026, 15:53 WIB
Decrypt
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Bullish
OKX raises funds at $25B valuation, plans tokenized stock trading with ICE JV approval.

Crypto exchange OKX secured new funding at a $25 billion valuation, unchanged since March, with investors including Circle, Ripple, Standard Chartered's SC Ventures, and Qube Research & Technologies. The funding aims to strengthen OKX's market infrastructure. OKX and Intercontinental Exchange (ICE) are seeking regulatory approval to offer tokenized stocks of 63 U.S. companies under the SEC's innovation exemption, allowing trading of tokenized equities on public blockchains without full exchange registration. This move could expand investor access to tokenized shares of major firms like Nvidia, Apple, and Coca-Cola, pending issuer consent.

The crypto exchange OKX recently secured funding at a flat $25 billion valuation. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 06, 2026 19:52 WIB: out of 50 major cryptocurrencies, 18 rose and 29 fell today. Notable movers include AAVE with a price of Rp3.314.001 and a 1-day change of +2.66%, COMP at Rp439.483 down 2.47%, and YFI at Rp45.430.224 down 2.34%.

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