
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
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