OKX Raises Series C+ Funding with SC Ventures, Qube Research & Technologies, Circle, and Ripple

OKX Raises Series C+ Funding

OKX, a global cryptocurrency exchange and Web3 technology company, has raised a Series C+ round, according to funding data dated October 6, 2026. The round included participation from SC Ventures, Qube Research & Technologies, Circle, and Ripple. The funding amount was not disclosed.

What OKX Does

OKX operates a global cryptocurrency exchange and Web3 technology business. Its platform offers spot, derivatives, and margin trading across hundreds of digital asset pairs. The company serves a large user base and holds regulatory licenses across multiple jurisdictions. It operates in the cryptocurrency exchange, blockchain, and Web3 space.

Founded in 2017 by Star Xu, OKX focuses on providing advanced trading, custody, and liquidity solutions.

Funding Details

• Round type: Series C+
• Funding date: October 6, 2026
• Investors: SC Ventures, Qube Research & Technologies, Circle, and Ripple
• Funding amount: Not disclosed
• Lead investor: Not disclosed

Why This Round Matters

The investor list combines venture capital, quantitative trading, and digital asset infrastructure names. SC Ventures is the venture arm associated with Standard Chartered. Qube Research & Technologies is a quantitative investment manager. Circle and Ripple are both established companies in the digital asset space, with Circle known for stablecoin infrastructure and Ripple known for enterprise blockchain and payments solutions.

For OKX, this Series C+ round follows its earlier funding history and signals continued backing from a mix of financial and crypto-native institutions. The participation of Circle and Ripple is notable given their roles in adjacent segments of the digital asset ecosystem.

Acquisition and Strategic Context

OKX operates at significant scale in the cryptocurrency exchange market, with a product set spanning spot, derivatives, and margin trading, as well as custody and liquidity solutions. The company's multi-jurisdiction licensing footprint is a differentiator in a sector where regulatory posture often determines market access.

A Series C+ round at this stage typically supports expansion of infrastructure, compliance, and product development. For strategic acquirers or partners, OKX represents a scaled exchange and Web3 technology platform with an established user base and a broad trading product suite.

The involvement of SC Ventures, Qube Research & Technologies, Circle, and Ripple may also point to areas of strategic alignment across payments, stablecoins, quantitative trading, and enterprise blockchain. However, the specific terms, valuation, and use of proceeds were not disclosed.

Summary

OKX has raised a Series C+ round dated October 6, 2026, with participation from SC Ventures, Qube Research & Technologies, Circle, and Ripple. The company is a global cryptocurrency exchange and Web3 technology company founded in 2017 by Star Xu, offering spot, derivatives, and margin trading across hundreds of digital asset pairs, along with custody and liquidity solutions. The funding amount and lead investor were not disclosed.