Crypto exchange OKX extends March round at $25B valuation with StanChart, Circle, Ripple

Circle Internet Group, Ripple and Standard Chartered's venture arm SC Ventures all participated in the extension. OKX declined to disclose the new capital amount.

The company said the deal is an extension of its March round, when Intercontinental Exchange, parent of the New York Stock Exchange, invested roughly $200 million at the same $25 billion valuation.

The latest top-up underscores continued interest from TradFi institutions and major crypto firms in large centralized exchanges, even as regulatory pressure and spot market volumes have weighed on parts of the sector.