OKX secured new investment from Circle, Ripple, Standard Chartered’s venture arm, and trading firm Qube Research at a $25 billion pre-money valuation. The amount raised was not disclosed. This follows a March investment by Intercontinental Exchange, the owner of the New York Stock Exchange, at the same valuation. OKXICE, the joint venture with ICE, filed Sunday to launch round-the-clock trading in tokenized shares of 63 U.S. companies on OKX’s own blockchain, settled with stablecoins. This funding round signals a major strategic shift for OKX as it evolves from a pure exchange into a broader fintech platform encompassing savings, spending, investing, and trading.
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