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BreakingCrypto

Standard Chartered and Ripple Back OKX at $25 Billion Valuation

First Detected: Oct 6, 2026, 12:57 PM
Last Update: about 1 hour ago
1 update

Event Summary

Circle, Ripple, and Standard Chartered participated in a funding round for OKX at a valuation of $25 billion. A London-based quantitative hedge fund also joined the round on October 6. This investment maintains the same valuation set seven months ago when the owner of the NYSE invested in the company.

Timeline

Latest developmentabout 16 hours ago

Standard Chartered and Ripple Back OKX at $25 Billion Valuation

Circle, Ripple, and Standard Chartered joined a funding round for crypto exchange OKX, maintaining its $25 billion valuation alongside new institutional backers.

Read the full story

Key facts

  • Circle, Ripple, and Standard Chartered participated in a funding round for OKX at a flat valuation of $25 billion.
  • A London-based quantitative hedge fund joined the round seven months after the NYSE's owner invested at the same valuation.

Price Impact

Since event start
XRP-2.92%