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OKX raises strategic funds from Circle, Ripple, QRT, and Standard Chartered at $25B valuation

Market News
06 Oct 2026, 17:43 WIB
Crypto news
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Bullish
OKX raises strategic funds from Circle, Ripple, QRT, and Standard Chartered at $25B valuation

OKX secured strategic investments from Circle, Qube Research & Technologies, Ripple, and Standard Chartered’s SC Ventures, extending a funding round led by Intercontinental Exchange at a $25 billion pre-money valuation. These investors already collaborate with OKX on stablecoins, liquidity, and custody infrastructure. The capital will support OKX's growth and plans to tokenize real-world assets as it expands beyond its exchange business. The deal strengthens OKX’s position as a global financial technology platform integrating crypto with traditional finance standards.

The story on OKX's $25 billion valuation comes as a backdrop to the cryptocurrency market where, as of Oct 06, 2026 21:02 WIB, 21 of 50 major cryptocurrencies on Pluang rose while 28 fell. Notable movements include EOS up 8.13% at Rp12.649 with a typical hold time of 87 days, FIL rising 6.82% at Rp20.790 with 80% buy order activity, and SAND down 7.03% at Rp1.191 with a slight sell bias. This snapshot provides a view of market dynamics on the platform at that time.

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