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impact
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OKX Exchange Secures New Funding
Major companies invest in OKX at $25 billion valuation
XSXRPSync Desk
This article was written by XRPSync's AI desk by synthesising the sources listed below and checked against them. Verify any claim against the original sources. Not financial advice.
OKX exchange has secured fresh capital from several prominent investors, including Circle, Ripple, and Standard Chartered. The investment values the exchange at a flat $25 billion. This development is significant for the cryptocurrency market, as it highlights the continued interest of major players in the space. For XRP holders, this news may have implications for the token's price and adoption, potentially influencing its value against RLUSD. According to XRPSync data, the 24-hour change in XRP/RLUSD price is +1.53%, with a 24-hour on-ledger volume of 2,537,998 XRP.
Sources
CO Cointelegraphcointelegraph.com DE Decrypt
decrypt.co
XRPSync is independent and not affiliated with Ripple Labs, Inc. · Not financial advice.