OKX Secures $25 Billion Investment from Circle, Ripple and Standard Chartered
OKX has completed a significant strategic investment round valued at $25 billion, adding new investors Circle, Qube Research & Technologies (QRT), Ripple, and Standard Chartered’s SC Ventures. This investment extends the funding round that began in March with NYSE parent Intercontinental Exchange (ICE), which initially valued OKX at roughly $25 billion. The latest round saw contributions from companies already deeply integrated into OKX’s infrastructure, including stablecoin issuers Circle and Ripple, institutional liquidity provider QRT, and custodian Standard Chartered.
Each investor brings unique ties to OKX’s operations. Circle, the issuer of the USDC stablecoin, has been expanding its integration with OKX’s trading platforms. Ripple’s RLUSD stablecoin is available through OKX’s unified order book, while QRT provides liquidity and risk capacity. Standard Chartered’s SC Ventures is involved in the exchange’s institutional custody infrastructure, handling collateral like BlackRock’s BUIDL tokenized U.S. Treasury fund for OKX clients.
OKX CEO Star Xu indicated that the capital will support the company’s growth and its plans to tokenize real-world assets. Xu emphasized the company’s evolution from an exchange into a broader global financial technology platform, spanning payments, investing, and holding. The investment follows a strategic partnership with ICE, which included plans to collaborate on regulated market infrastructure and provide spot crypto pricing for ICE’s regulated U.S. futures products.
The investment amounts and individual stakes of the new investors were not disclosed. Circle’s CEO Jeremy Allaire highlighted the significance of USDC’s integration across OKX’s platform, noting the meeting of regulated dollar infrastructure with a dynamic onchain trading environment. Standard Chartered’s Alex Manson underscored the importance of institutional-grade custody in enabling the onchain economy. Ripple’s Jack McDonald and QRT’s Thomas Eaton also expressed confidence in the long-term growth of digital assets and the role of stablecoins in global financial infrastructure.