Hedge fund QRT joins Ripple, Circle, and SC Ventures in OKX’s $25B extension round

OKX has secured an extension round at a flat $25B valuation. The funding includes participation from Ripple, Circle, and SC Ventures, alongside the London-based quantitative hedge fund QRT. This round follows a similar investment by the NYSE owner seven months prior. This collaboration between traditional finance and crypto entities highlights a growing trend that could potentially reshape global market infrastructure, as institutional players increasingly integrate with digital asset platforms to evolve the current financial ecosystem.