Hedge fund Qube Research & Technologies joined Circle Internet CRCL, Ripple SC Ventures, and Standard Chartered SCBFF SCBFY as investors in OKX’s new funding round that valued the crypto exchange at $25B, the company said Tuesday.

The capital raise was an extension from OKX’s round in March, when NYSE parent Intercontinental Exchange ICE invested about $200M into the exchange at the same valuation.

The new capital gives OKX the resources to grow its existing crypto platform and expand into tokenization of real-world assets. On Sunday, OKICE, the joint venture between OKX and Intercontinental Exchange ICE, filed with the SEC to launch a tokenized securities platform that traded 24/7, initially starting with more than 60 U.S.-listed…