OKX is bringing some of crypto and TradFi's biggest infrastructure players onto its cap table.
Circle, Ripple, QRT and Standard Chartered's SC Ventures have invested in OKX at a $25B pre-money valuation.
The amount raised wasn't disclosed.
What's interesting is that these aren't just financial investors.
• Circle provides $USDC infrastructure.
• Ripple provides $RLUSD , payments and liquidity.
• QRT provides institutional liquidity and risk capacity.
• Standard Chartered provides custody for BlackRock's BUIDL collateral framework on OKX.
And the timing matters.
Just one day earlier, OKX and NYSE parent ICE filed with the SEC to launch a 24/7 tokenized U.S. stock trading platform.
OKX is clearly positioning itself as something bigger than a crypto exchange.
Circle, Ripple, QRT and Standard Chartered's SC Ventures have invested in OKX at a $25B pre-money valuation.
The amount raised wasn't disclosed.
What's interesting is that these aren't just financial investors.
• Circle provides $USDC infrastructure.
• Ripple provides $RLUSD , payments and liquidity.
• QRT provides institutional liquidity and risk capacity.
• Standard Chartered provides custody for BlackRock's BUIDL collateral framework on OKX.
And the timing matters.
Just one day earlier, OKX and NYSE parent ICE filed with the SEC to launch a 24/7 tokenized U.S. stock trading platform.
OKX is clearly positioning itself as something bigger than a crypto exchange.