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TRX Circle, Ripple and Standard Chartered Back OKX at $25B Valuation
Decrypt and The Defiant report that Circle, Ripple, SC Ventures and hedge fund QRT backed OKX at a $25 billion valuation, an extension of a March round backed by NYSE owner ICE. The amount raised was not disclosed.
Why “Unverified”
- 2 independent sources (Decrypt, The Defiant), but no primary confirmation
2 independent source groups across 2 posts · evidence score 79/100. How labels work
What the sources claim
-
Circle, Ripple and Standard Chartered backed OKX at a flat $25 billion valuation.
“Circle, Ripple and Standard Chartered Back OKX at Flat $25B Valuation”
Decrypt -
A London quantitative hedge fund joined the round seven months after the NYSE's owner bought in at exactly the same price.
“A London quantitative hedge fund joins the round too, seven months after the NYSE's owner bought in at exactly the same price.”
Decrypt -
Circle and SC Ventures backed OKX at a $25 billion valuation.
“Circle and SC Ventures Back OKX at $25 Billion Valuation”
The Defiant -
Ripple and hedge fund QRT also joined the financing, an extension of the March round backed by NYSE owner ICE.
“Ripple and hedge fund QRT also joined the financing, an extension of the March round backed by NYSE owner ICE.”
The Defiant -
The amount raised was not disclosed.
“The amount raised was not disclosed.”
The Defiant
Sources
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Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-06 14:30 UTC. Labels are computed from the sources, not by the model.