Strategic extension · Fintech
OKX adds Circle, QRT, Ripple and SC Ventures as investors
The strategic extension values OKX at $25bn before the new investment; its size was not disclosed.
OKX announced the completion of a strategic investment from Circle, Qube Research & Technologies, Ripple and SC Ventures on October 6. The transaction extends an investment round led earlier in the year by Intercontinental Exchange.
The company disclosed a $25 billion pre-money valuation but did not state the amount raised. OKX says the new backing will support growth of its financial platform and real-world asset tokenization, alongside deeper relationships with partners in stablecoins, liquidity and custody.
Use of funds
Growth of financial platform
Tokenization of real-world assets
Funding history
Strategic extension · This roundUndisclosed