OKX Raises Funding at $25B Valuation for Tokenised Stocks
OKX has raised an undisclosed amount from existing investors while maintaining its $25 billion valuation. The round includes Standard Chartered’s SC Ventures, Qube Research & Technologies, Ripple and Circle. It follows a $200 million strategic investment from Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, announced in March at the same valuation.
OKX said the new funding will support its expansion into a global fintech platform that combines crypto infrastructure with traditional financial compliance standards. OKX and ICE are also seeking US Securities and Exchange Commission approval for a tokenised US stock trading platform under a regulatory innovation exemption. If approved, the platform could offer blockchain-based stock ownership, extended trading hours and faster settlement.
The OKX funding highlights continued institutional interest in compliant crypto infrastructure. The exchange has about 50 million users and has expanded through Dubai’s VARA licence, venture investments and real-world asset partnerships. For traders, the OKX funding may improve sentiment around OKB and the broader exchange sector. However, the undisclosed funding size and pending SEC approval could limit the short-term impact.
Bullish
The news is modestly bullish for OKB because OKX has retained a $25 billion valuation and attracted additional backing from established financial and crypto firms. The investor mix may strengthen confidence in OKX’s institutional strategy, regulatory compliance and long-term growth prospects. The planned tokenised stock platform could also expand OKX’s addressable market if it receives SEC approval.
In the short term, traders may respond positively to the institutional funding and potential growth in exchange activity, although the undisclosed amount reduces the strength of the signal. OKB’s price may also remain sensitive to broader crypto-market conditions and exchange-sector sentiment. In the long term, regulatory approval, platform adoption and the ability to convert institutional partnerships into revenue will be more important. The pending SEC decision and the lack of funding details create downside risks, so the bullish impact is likely to be limited rather than decisive.