Circle, Ripple and Standard Chartered Back OKX at Flat $25B Valuation
What Decrypt reports, why it matters and what remains unconfirmed.

The story in one view
- Reported by
- Decrypt
- Coverage lens
- Markets and price action
- Published
- Evidence status
- Cross-source reports linked
What Decrypt reports
A London quantitative hedge fund joins the round too, seven months after the NYSE's owner bought in at exactly the same price.
The immediate significance
The report describes a short-term move involving XRP. Its significance depends on the size of the move, market breadth, liquidity and whether the conditions persist beyond one session.
CoinDesk and Decrypt have also published a related report, providing another attributed account to compare without treating repetition as proof.
What remains unknown
- The publisher summary does not establish causation between the named event and the market move.
- The report does not show whether the move persists across venues, liquidity conditions or a longer time window.
- No matched primary document independently supporting the central claim is linked to this page.
The named assets, right now
Spot quotes from Kraken, checked .
How the story developed
CoinDesk and Decrypt are reporting related developments. Reports are shown in publication order; separate coverage is not independent confirmation.
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DecryptCurrent briefing Circle, Ripple and Standard Chartered Back OKX at Flat $25B Valuation
A London quantitative hedge fund joins the round too, seven months after the NYSE's owner bought in at exactly the same price.
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