XRP ($XRP ): Circle, Ripple and Standard Chartered back OKX at flat $25B valuation
Circle, Ripple and Standard Chartered have each invested in the cryptocurrency exchange OKX, keeping the platform’s valuation steady at $25 billion.
A London‑based quantitative hedge fund has also joined the funding round, adding to the investor lineup. This follows a previous investment by the NYSE’s owner seven months earlier, which was made at the same $25 billion price point.
The participation of major financial institutions and a new hedge fund underscores growing institutional confidence in OKX’s business model, a development that could have positive implications for the broader crypto ecosystem, including projects linked to Ripple.
**$XRP**
Circle, Ripple and Standard Chartered have each invested in the cryptocurrency exchange OKX, keeping the platform’s valuation steady at $25 billion.
A London‑based quantitative hedge fund has also joined the funding round, adding to the investor lineup. This follows a previous investment by the NYSE’s owner seven months earlier, which was made at the same $25 billion price point.
The participation of major financial institutions and a new hedge fund underscores growing institutional confidence in OKX’s business model, a development that could have positive implications for the broader crypto ecosystem, including projects linked to Ripple.
**$XRP**
