Circle, Ripple and Standard Chartered bet on OKX, valued at $25 billion
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The OKX exchange announced this October 6, 2026, the arrival of four major new players on its capitalization table. Circle (issuer of the USDC stablecoin), Ripple (creator of the XRP Ledger), SC Ventures (the venture capital arm of Standard Chartered) and London-based hedge fund Qube Research & Technologies are joining the circle of shareholders of the cryptocurrency exchange. The exact amount of the transaction was not disclosed. This is an extension of the funding round completed last March, when Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), injected approximately $200 million into OKX, at the same valuation as today, which stands at $25 billion. Star Xu, the founder and CEO of OKX, clarified the meaning of the operation on X: "We didn't raise capital because we needed it. We chose to bring in strategic partners who share our long-term vision for stablecoins, payments, institutional markets, and the next generation of financial infrastructure". Grateful to welcome Circle, Ripple, QRT and SC Ventures as investors in OKX. We didn't raise capital because we needed it. We chose to bring in strategic partners who share our long-term vision for stablecoins, payments, institutional markets, and the next generation of… https://t.co/PDApT7ztOu - Star_OKX (@star_okx) October 6, 2026 Bringing Circle and Ripple together in the same funding...
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