OKX Star: The financing is not out of capital needs, but to choose long-term strategic partners.

BlockBeats news, October 6: OKX founder and CEO Star posted that he welcomes Circle, Ripple, and SC Ventures as investors in OKX. OKX did not raise funds because of a need for capital, but chose to bring in strategic partners who share a long-term vision with OKX in areas such as stablecoins, payments, the institutional market, and next-generation financial infrastructure.

According to previous reports, OKX completed a funding round at a $25 billion valuation, with participation from Standard Chartered's investment arm SC Ventures and Circle, among others.