Bitcoin Magazine OKX Gets New Funding From Circle, Standard Chartered at $25B Valuation The crypto exchange has raised new funding from the likes of Circle and Standard Chartered as it races to tokenize real-world assets. This post OKX Gets New Funding From Circle, Standard Chartered at $25B…
OKX brought Circle, Ripple and Standard Chartered’s venture arm onto its cap table as the crypto exchange broadens its push into stablecoin-based financial services. On Oct. 6, the exchange's Chief Executive Officer, Star Xu, confirmed that the company completed a strategic investment from Circle…
OKX raised an undisclosed amount at a $25 billion valuation as an extension to March’s investment round led by the parent company of the New York Stock Exchange.
A London quantitative hedge fund joins the round too, seven months after the NYSE's owner bought in at exactly the same price.
"The key gap for people and institutions is settlement," Haider Rafique, OKX's global managing partner, tells Fortune.
OKX Money lets users hold, send and spend dollar-backed stablecoins, with qualifying USDG balances earning up to 10% APY.
A MANCHESTER City shirt sponsor was fined nearly £400million for flouting money-laundering laws. Sources say it “beggars belief” the club, found guilty of large-scale cheating, has not severed ties with crypto exchange OKX. Run by Chinese billionaire Mingxing “Star” Xu, OKX has been embroiled in…
