OKX hits $25 billion valuation in major funding round

Cryptocurrency exchange OKX has concluded a late-stage venture funding round, achieving a staggering $25 billion valuation. The news, announced in October 2026, highlights the growing confidence in digital asset platforms. Standard Chartered and Circle, the company behind the stablecoin USDC, were among the key investors in this round.

The size of the round places OKX among the largest in its category, positioning it in the top half of comparable deals by amount. This significant valuation underscores the maturing relationship between traditional financial institutions and the crypto sector.

Standard Chartered, a prominent UK-based bank, and Circle's participation signals a strong vote of confidence from regulated financial entities. Their involvement suggests a continued interest in bridging the gap between conventional finance and digital assets.

The $25 billion valuation, combined with backing from a major bank and a stablecoin issuer, indicates a deeper integration between traditional finance and cryptocurrencies. This development could pave the way for further collaborations and innovations in the digital asset space.