OKX exchange raises fresh capital at $25B valuation

OKX raised an undisclosed amount at a $25 billion valuation as an extension to March’s investment round led by the parent company of the New York Stock Exchange.

Cryptocurrency exchange OKX raised an undisclosed sum at a $25 billion valuation from its existing partners and investors.

The round saw participation from Standard Chartered’s SC Ventures investment arm, Qube Research & Technologies, Ripple and stablecoin issuer Circle, OKX announced in a Tuesday press announcement shared with Cointelegraph.

OKX declined to disclose the size of the investment round.

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