CryptoMedium•6 October 2026•
1 min read
Standard Chartered and Ripple Back OKX at $25 Billion Valuation
Key Facts
1Circle, Ripple, and Standard Chartered participated in a funding round for OKX at a flat valuation of $25 billion.
2A London-based quantitative hedge fund joined the round seven months after the NYSE's owner invested at the same valuation.
Circle, Ripple, and Standard Chartered participated in a funding round for OKX at a flat valuation of $25 billion. Reuters reported that a London-based quantitative hedge fund joined the round seven months after the owner of the New York Stock Exchange invested in the platform at the same valuation.
Standard Chartered (SCBFY) closed at $59.81 on October 5, 2026, with a daily range between $58.72 and $60.09. This institutional backing aims to strengthen OKX's long-term market infrastructure, reflecting sustained interest from major financial entities in digital asset infrastructure despite the unchanged valuation.