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OKX raises funds at $25B valuation with Ripple, Circle, SC Ventures backing, expanding into stablecoins and tokenized finance.

Market News
06 Oct 2026
Bitcoin
View Source
Bullish
OKX raises funds at $25B valuation with Ripple, Circle, SC Ventures backing, expanding into stablecoins and tokenized finance.

OKX has secured new strategic investments from Ripple, Circle, Standard Chartered’s SC Ventures, and Qube Research & Technologies at a $25 billion valuation, reinforcing its ties to Wall Street. This funding round supports OKX's expansion into stablecoins and tokenized financial products, highlighted by the launch of OKX Money, a stablecoin-focused app for emerging markets. Despite a 2025 regulatory setback in the U.S., the backing from major financial institutions signals confidence in OKX's evolution from a crypto exchange to a broader financial technology platform. The company aims to integrate crypto with traditional finance standards and continue developing tokenized asset infrastructure.

XRP, associated with Ripple which is among the new investors in OKX, holds a market cap of Rp1.702,59 trillion and a 24-hour trading volume of Rp33,05 trillion on Pluang as of Oct 06, 2026 21:34 WIB. The token's price is Rp27.035 with a slight 1-day decline of 0.07%. Pluang users show a balanced interest with 54% buying and 46% selling, holding XRP typically for 71 days, reflecting steady engagement amid OKX's strategic expansion.

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