The valuation has jumped straight to $25 billion—and many people still see the funding round OKX just finalized as little more than competitor hype.

Standard Chartered and Circle are coming in with capital, showing that traditional institutions are putting real money behind the cash-generating capacity of leading exchanges. If competitors can secure valuation backing at this level, then BNB, as the sector leader with greater scale and a deeper ecosystem, will only have more leverage—and be even harder to sell off cheaply.

Big money in the OTC market is working together to push up the entire sector’s valuation floor. When the ceiling gets blown off, rushing to turn bearish on the leaders clearly underestimates the weight of this tens-of-billions-dollar funding round.

#BNB
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