✉news BusinessCrypto first seen 14 h ago, last 12 h ago, peak #37
OKX Raises Funding at $25 Billion Valuation From StanChart and Circle
Original: Crypto Exchange OKX Raises at $25 Billion From StanChart, Circle
Crypto exchange OKX has raised new funding at a $25 billion valuation, with Standard Chartered and Circle among the investors, according to Bloomberg. The round marks one of the larger fundraising deals in the crypto sector this year and signals continued institutional interest in digital asset trading platforms despite uneven market conditions.
Why now: The scale of the valuation and the involvement of major traditional finance players like Standard Chartered and Circle are notable news in the crypto industry.
Evidence
- Crypto Exchange OKX Raises at $25 Billion From StanChart, Circle · Bloomberg.com
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