Hedge fund QRT joins Ripple, Circle, and SC Ventures in OKX’s $25B extension round

Users, counterparties, and market participants who follow OKX will notice that the exchange has added Circle, Ripple, Standard Chartered’s SC Ventures, and QRT as investors while keeping the valuation at $25 billion. That matters today because the financing is tied to groups already involved in stablecoin, liquidity, collateral, and banking infrastructure around OKX, which makes those relationships more visible in the company’s ownership structure.

In practice, OKX now has fresh investors without a disclosed raise size, and the $25 billion figure is described as pre-money before the new capital. What stays the same is that the announcement does not add new OKB utility or token allocation, so the disclosure changes ownership information more than product terms.