POPA ReconOKX Raises at a $25B Valuation
OKX Raises at a $25B Valuation OKX has raised new funding at a $25B valuation. Circle, Ripple, Standard Chartered's SC Ventures and the hedge fund Qube Research & Technologies all came in. The amount wasn't disclosed, but it extends the March round, when NYSE parent ICE put $200M into OKX at the same valuation. OKB jumped 10%+ on the news, breaking above $140. Circle and Ripple are direct rivals in stablecoins, and both just bought into the same exchange. Two weeks ago it ran the other way: Binance invested $100M in Circle to lock in USDC distribution. 🔗 bloomberg.com/news/articles/2026-…
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