Ripple, Circle, Standard Chartered Back Crypto Exchange OKX at $25B Valuation - TradingView

Ripple, Circle, and Standard Chartered have backed crypto exchange OKX in a funding round that values the company at $25 billion, according to TradingView. The participation of these established names in payments, stablecoins, and traditional banking signals that institutional interest in crypto market infrastructure continues despite uneven sentiment across the sector.

For market observers, the valuation itself is a useful reference point. It places OKX among the more highly valued private crypto exchanges and suggests investors are pricing in long-term growth in trading, custody, and related services. The involvement of a bank like Standard Chartered is also notable because regulated financial institutions have generally approached digital-asset exposure cautiously, often through partnerships rather than direct stakes.

What to watch: whether the raised capital translates into tangible expansion — new licenses, product lines, or geographic reach — and whether other institutional investors follow with similar bets. Funding headlines can shape short-term sentiment, but sustained valuation support typically depends on regulatory clarity, trading volumes, and revenue diversification over time.