## OKX raised new funding at $25B valuation

OKXOct 6, 2026, 13:13 UTC

OKX has raised new funding at a $25 billion valuation, drawing capital from Qube Research & Technologies plus existing partners Circle Internet Group, Ripple and Standard Chartered's SC Ventures, Bloomberg reported Oct 6, 2026.

Structure: extension of March round in which NYSE-parent Intercontinental Exchange (ICE) invested roughly $200 million at the same $25B valuation.
Amount raised: not disclosed — OKX declined to say.
Company line: CEO Star Xu said "We didn’t raise capital because we needed it. We chose to bring in strategic partners who share our long-term vision for stablecoins, payments, institutional markets, and the next generation of financial infrastructure." His post names Circle, Ripple and SC Ventures; Bloomberg adds Qube.
Reported by @TheBlockCo, @WuBlockchain and others; no different amount or other terms have been published.

### OKB reaction

Supplied material says OKB +9% in the moment.

At ~13:10-13:12 UTC Oct 6, exchange quotes showed smaller 24h gains:

Venue	Last	24h
OKX spot	~$134.3-$135.0	—
MEXC spot	~$133.6-$135.1	+4.9% to +6.2%
Gate spot	~$134.3-$134.9	+5.5% to +6.1%

OKB contract 0x7523…142a86c — on-chain pools showed h24 +3.5% to +5.4% at that time.

The data does not establish a sustained +9%; it is consistent with an intraday spike claim.

Ask your own

Case file

OKX

Answered Oct 6, 2026, 13:13 UTC

Sources 6

Bloomberg reported Oct 6, 2026bloomberg.com
Star Xu saidx.com
@TheBlockCox.com
@WuBlockchainx.com
OKX spotokx.com
0x7523…142a86cetherscan.io

Research trace 25

The page dropstab.com
The page www.bloomberg.com
The page t.me
The supplied material already states that OKX extended its March round at a $25 billion valuation and names four new investors. I’m checking current reporting for the undisclosed raise amount and any further terms or developments.
The supplied report identifies four investors but gives no amount; the first news and X searches returned no usable result. I’m checking the linked post and contemporaneous reporting through alternate sources for a disclosed figure or follow-up terms.
The linked post and two Telegram reports repeat the $25 billion valuation and identify the same investors, but neither provides new terms or the amount raised. I’m checking OKX’s official announcements and other current coverage for confirmation or a post dated after the initial report.
OKX’s CEO publicly confirms the newly named investors, but his repost is truncated. I’m opening the executive’s post and checking for OKX’s follow-up to determine what the company says about the round and its undisclosed amount.
The CEO confirms Circle, Ripple and SC Ventures as strategic investors and says the raise was not driven by a need for capital. I’m checking independent reporting and OKX’s own announcement for any disclosed amount or additional terms; Qube is named in the supplied report but not in the CEO’s post.
Bloomberg reports that OKX raised at a $25 billion valuation but withheld the amount, while CEO Star Xu says the investors were chosen as strategic partners. I’m checking OKX’s announcement and its stated use of proceeds for any additional terms.
Bloomberg and OKX’s CEO confirm the $25 billion valuation, the new investors, and that the amount was not disclosed. I’m checking whether OKX’s own announcement specifies how the new funding will be used.
Bloomberg and OKX’s CEO confirm the $25 billion valuation, the new investors, and that the amount was not disclosed. I’m checking OKX’s official post for any announcement of how the funding will be used.
Bloomberg and OKX’s CEO confirm the $25 billion valuation, four investors and an undisclosed raise amount. I’m checking for independent reporting that clarifies how OKX plans to use the funds.
Bloomberg and OKX’s CEO confirm a $25 billion valuation, the four named investors, and no disclosed raise amount. I’m checking for any release details or later reporting on terms beyond the strategic rationale Star Xu described.
Bloomberg and OKX’s CEO establish the round’s valuation, investors and strategic rationale, while the amount remains undisclosed. I’m checking investor statements and OKB market data for any further detail or measurable price response.
The company’s CEO confirms three investors and describes the raise as strategic; Bloomberg names Qube as the fourth and says the amount was not disclosed. I’m checking current OKB quotes against the earlier supplied price context to quantify the reported market reaction.
The funding amount and valuation are established by Bloomberg and OKX’s CEO, but the supplied note also claims OKB rose 9%. I’m checking timestamped market data for the price move around the announcement.
The supplied note says OKB rose about 9%, while the earlier quotes showed roughly 6% 24-hour gains around 13:10 UTC. I’m checking another market source and current exchange quotes to see whether the reported move is supported and time-sensitive.
Bloomberg and OKX CEO have confirmed the round and its terms; market quotes show roughly 5–6% 24-hour gains rather than the supplied 9% figure. I’m checking timestamped OKB posts and trade reporting around the announcement to determine whether a brief 9% intraday move was reported.
The supplied note says OKB rose about 9%, while market quotes around 13:10 UTC showed 5–6% 24-hour gains. I’m checking OKB’s available pools and traders for transaction-based evidence of a sharper move around the funding announcement.
Bloomberg and OKX’s CEO confirm the round, but neither discloses its size. I’m checking the named investors’ own posts for confirmation or additional terms.
Bloomberg and OKX’s CEO confirm the $25 billion valuation, name the investors, and say the amount was not disclosed. Investor-account searches have not added any terms, so I’m checking exchange coverage for independent confirmation of the round’s terms and any newly disclosed amount.
The round’s reported valuation, investors and undisclosed size are corroborated by Bloomberg and OKX’s CEO. I’m refreshing the OKB quote because the supplied material also says the token rose 9%, and that figure can move over time.
Bloomberg reports a $25 billion valuation and four investors, while OKX CEO Star Xu confirms Circle, Ripple and SC Ventures and describes the round as strategic. The raise amount remains undisclosed; I’m checking OKX’s CEO post for any additional concrete terms before wrapping up.
Bloomberg and OKX CEO Star Xu confirm the $25 billion valuation, the named investors and strategic rationale; the amount remains undisclosed. I’m checking OKX’s official announcement for any later clarification of the round’s size or terms.
Round terms and OKB move verified; ready to answer.