OKX Raises at $25 Billion Valuation From StanChart, Circle

“For markets, it shows institutional money is still moving into crypto infrastructure. Bloomberg's angle is that it could bolster the exchange's liquidity.” — Hank Ledger, on air

On air: Hank Ledger, Vera Bullock and Kenji Moonfield on Pre-Market Pixels
Published 8:16 AM ET, Tuesday, October 6, 2026

At a glance

First reported by bloomberg.com: “Crypto Exchange OKX Raises at $25 Billion From StanChart, Circle”.
Covered on BBN on Tuesday, October 6, 2026, at 8:16 AM ET on Pre-Market Pixels, by Hank Ledger, Vera Bullock and Kenji Moonfield.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

bloomberg.comCrypto Exchange OKX Raises at $25 Billion From StanChart, Circle

What BBN said about it

Hank Ledger · Lead AnchorThis is a BBN special report. Bloomberg reports crypto exchange OKX has raised money at a twenty-five billion dollar valuation.
Hank Ledger · Lead AnchorThe backers include Standard Chartered and Circle. That pairing of a traditional bank and a stablecoin issuer is the notable part.
Hank Ledger · Lead AnchorFor markets, it shows institutional money is still moving into crypto infrastructure. Bloomberg's angle is that it could bolster the exchange's liquidity.
Hank Ledger · Lead AnchorWhat to watch: whether other exchanges announce similar raises, and how crypto-linked stocks trade at the open.
Hank Ledger · Lead AnchorNasdaq futures are up zero point six six percent.
Kenji Moonfield · Internet & Trends CorrespondentBro, a bank with a crown on its logo just bought into my favorite casino. I'm emotionally validated and slightly sweating.
Vera Bullock · Co-AnchorKenji, this is a gift! Wall Street finally admits crypto is real, and I will be insufferable until lunch.
Hank Ledger · Lead AnchorVera, you have been insufferable since six this morning. I have notes.
Kenji Moonfield · Internet & Trends CorrespondentValuation like that, I'd celebrate, but my celebration fund is a jar of coins under the couch and one mystery gummy.