OKX Secures $25B Valuation with New Investments from Circle, Ripple, and Others
OKX raises funds at a $25 billion valuation, adding major financial institutions as investors.
OKX raises funds at a $25 billion valuation, adding major financial institutions as investors. Ripple USD (RLUSD) is trading at $0.9999. This is an original TLT brief synthesising 10 outlets (CryptoPotato, Cointelegraph, U.Today, and others), with their figures cross-checked, plus live market data, as of Wed, 07 Oct 2026 22:50:22 UTC.
Also reported by CryptoPotato, Cointelegraph, U.Today, CoinDesk.
- OKX raises funds at a $25B valuation, extending its March investment round.
- New investors include Circle, Ripple, QRT, and SC Ventures.
- Ripple's RLUSD and BlackRock's BUIDL are already integrated with OKX.
Multiple outlets confirm OKX's $25 billion valuation and new strategic investors, though the exact funding amount remains undisclosed.
OKX, a leading cryptocurrency exchange, has secured additional investments from prominent financial institutions, including Circle, Ripple, QRT, and SC Ventures, at a $25 billion valuation. This development extends the exchange's March investment round, which was initially led by the parent company of the New York Stock Exchange, as reported by Cointelegraph and CryptoPotato.
The new investors bring strategic value to OKX. For instance, Standard Chartered, through SC Ventures, already plays a role in OKX's operations by holding BlackRock BUIDL shares that OKX clients post as margin. Additionally, Ripple's RLUSD stablecoin is already integrated into OKX's trading platform, with a circulating supply of $2.53 billion, according to DeFiLlama.
While both Cointelegraph and CryptoPotato agree on the $25 billion valuation, the exact amount raised in this funding round remains undisclosed. This strategic investment round underscores OKX's position in the competitive cryptocurrency exchange market and its commitment to expanding its institutional partnerships.
The integration of Ripple's RLUSD and BlackRock's BUIDL on OKX's platform highlights the exchange's focus on providing diverse financial products. DeFiLlama data shows that BUIDL has a circulating supply of $2.25 billion. These partnerships could enhance liquidity and trust among institutional investors using the platform.
In the current market context, with the total crypto market cap at $2.9 trillion and 
Bitcoin experiencing a 24-hour decline of 3.71%, OKX's valuation and strategic moves suggest a bullish outlook for the exchange's growth. The Fear & Greed Index stands at 71, indicating 'Greed' in the market. This development may further solidify OKX's position as a major player in the crypto space.
Since this brief published about 29 hours ago, Ripple USD (RLUSD) has moved from $1.00 to $0.9999 — -0.01%.
The chart plots RLUSD's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Over the past 24 hours RLUSD moved -0.0% while Bitcoin moved -2.8%. RLUSD has historically moved about -0.01× Bitcoin, implying roughly +0.0% today — so this is roughly what its usual link to Bitcoin would predict.
Beta computed by TLT from ~120 days of daily returns; context only, not advice.
Over the past 9 months, Ripple USD (RLUSD) closed within 2.5% of today's $0.9999 on 259 separate days. Here is what the price did afterwards on those days — a historical base rate, not a forecast:
Computed by TLT from 9 months of daily closing prices. A base rate describes the past distribution of outcomes from similar price levels — it does not predict the future and ignores the specific news in this story. Crypto is volatile and past performance is not indicative of future results. Not financial advice.
At today's peer-to-peer rate, 1 RLUSD ≈ ₦1,365.47 (about $0.9999), down 0.0% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 7, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
OKX Secures $25B Valuation with New Investments from Circle, — questions & answers
How much is 1 Ripple USD worth in naira today?
About ₦1,365.47 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9999. The naira price moves with both RLUSD's US-dollar price and the USDT/NGN rate; use our Ripple USD in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CryptoPotato, Cointelegraph, U.Today, CoinDesk, CoinCodex, Blockonomi, Bitcoin Sistemi, Bitcoin World, Crypto Adventure, Finance Magnates, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.