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OKX Raises From Circle, Ripple, Standard Chartered at $25 Billion

The exchange says a round extending its March financing values it at $25 billion before the new capital comes in.

Published by CryptoLately on 1 min read · 4 sources
The Standard Chartered name sign in the Standard Chartered Bank Building in Central, Hong Kong, photographed in October 2020
The Standard Chartered name sign in the Standard Chartered Bank Building in Central, Hong Kong, photographed in October 2020. Photo: Meikowkmeomi Othumddroa / Wikimedia Commons, CC BY-SA 4.0
“OKX calls its $25 billion valuation pre-money. Does a round that extends a March deal change how the exchange describes itself?”

OKX has raised new capital at a $25 billion pre-money valuation, the exchange said in a press release dated October 6, 2026. Four investors put money in. Circle, Ripple, Qube Research & Technologies, and SC Ventures, the investment arm of Standard Chartered, are among them12.

Only the valuation is public: OKX has kept the size of the raise to itself4. The round extends an investment that Intercontinental Exchange made in March, when ICE, the parent company of the New York Stock Exchange, invested12.

OKX extended its March round Oct. 6, 2026 with four investors at a $25 billion valuation

ICE, the NYSE's parent, invested in March; $25 billion is OKX's value before the new money

    Sources: OKX [1]; CoinDesk [2]; crypto.news [4].

    Read the chart as a table
    DateEvent
    March 2026ICE invests in OKX. ICE is the parent company of the New York Stock Exchange
    Oct. 6, 2026Circle, Ripple, QRT and SC Ventures invest. At a $25 billion pre-money valuation; OKX has kept the size of the raise to itself

    The two companies had already worked together before the March deal. OKX and ICE run a joint venture that filed with the SEC to offer 63 tokenized NYSE stocks3. A separate arrangement would have OKX supply spot crypto pricing that ICE could use for regulated U.S. futures products4.

    What the exchange says the money is for

    Star Xu, OKX's chief executive, framed the round as a change of direction. “The exchange was our starting point, and we are evolving into a broader global financial technology platform.”1

    The release names two uses for the capital. “It gives us the capital to keep growing and to tokenize real-world assets, and Circle, QRT, Ripple and Standard Chartered are investing alongside us.”1

    CryptoPotato reported that each investor already supports one layer of OKX's business, from stablecoin issuance to liquidity, collateral and custody3. The release leaves the split of the new capital across those layers unstated.

    What remains open

    OKX has yet to publish a figure for the raise4. The $25 billion number is a pre-money valuation, so it describes the company before the new capital is counted13.

    What to watch

    A filing or a later statement with the size of the raise would show how much new capital sits inside the $25 billion figure. The joint venture's SEC filing is the nearest place to look for the next detail.

    Sources

    1. OKX, "OKX Announces Strategic Investment From Circle, QRT, Ripple and SC Ventures by Standard Chartered at a $25 Billion Valuation," Oct. 6, 2026, https://www.okx.com/en-us/learn/strategic-investment-oct-2026
    2. Ben Weiss and CoinDesk staff, "OKX draws investment from Circle, Ripple after ICE deal to push beyond crypto exchange roots," CoinDesk, Oct. 6, 2026, https://www.coindesk.com/business/2026/10/06/okx-draws-investment-from-stanchart-circle-ripple-as-it-pushes-beyond-crypto-exchange-roots
    3. "OKX Adds Circle, Ripple, QRT, and SC Ventures as Investors at $25B Valuation," CryptoPotato, Oct. 6, 2026, https://cryptopotato.com/okx-adds-circle-ripple-qrt-and-sc-ventures-as-investors-at-25b-valuation/
    4. "Circle, Ripple and Standard Chartered invest in OKX at $25 billion valuation," crypto.news, Oct. 6, 2026, https://crypto.news/circle-ripple-and-standard-chartered-invest-in-okx-at-25-billion-valuation/

    Cite this piece

    Ryan Elliott Dennis, "OKX Raises From Circle, Ripple, Standard Chartered at $25 Billion," CryptoLately, Oct 6, 2026, https://cryptolately.com/articles/okx-adds-circle-ripple-and-standard-chartered-as-investors-at-25-billion

    Tags: OKX · funding · valuation · stablecoins · Circle · Ripple · Standard Chartered

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