Crypto exchange OKX has secured fresh investment as it looks to transform itself from a venue for trading digital assets into a broader global financial technology platform spanning crypto, payments and traditional assets moving onto blockchain rails.
The new investors are Circle, Ripple, quantitative investment manager Qube Research & Technologies (QRT) and SC Ventures, the venture arm of Standard Chartered. OKX did not disclose the amount invested.
The financing is an extension of a March investment from Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE). Like the earlier deal, the latest investment values OKX at $25 billion on a pre-money basis.
“The exchange was our starting point, and we are evolving…





