Exchanges· ★★★★· bullish·

OKX raises funding at $25B valuation with Circle, Ripple and SC Ventures

  • —OKX valued at $25 billion; round size undisclosed
  • —Circle, Ripple, SC Ventures and QRT joined the round
  • —ICE invested about $200 million in OKX in March at the same valuation
  • —OKX has filed with the SEC for a tokenized equities platform
Why it matters: Major traditional finance and crypto players are backing the exchange as it pushes into the US tokenized equities market.
Source: Digital Today