# OKX financial service and stablecoin expansion

> Live situation record from CLSTR: https://clstr.news/situations/okx-financial-service-and-stablecoin-expansion
> Updated: 2026-10-06T09:11:56.000Z. Sources: 18. Developments: 2.

OKX has expanded its financial services through new security features, promotional incentives, and the launch of a dedicated application.

Initially, the platform introduced ‘OKX Shield’ for verified individual clients in the European Economic Area, providing reimbursement for unauthorized withdrawals caused by phishing or malware. This was accompanied by registration and deposit bonuses.

Subsequently, the company launched OKX Money, a standalone application focused on stablecoin savings and spending. The app allows users to convert over 50 local currencies into dollar-pegged stablecoins, such as USDG, USDC, and USDT, with no conversion fees. It offers up to 10% annual percentage yield on certain balances and includes a card for global spending with cashback. The rollout targets markets in Latin America, Africa, South Asia, and the Middle East to assist populations dealing with currency fluctuations.

On October 6, OKX announced it had secured strategic investment from several prominent financial and digital asset firms, including Circle, Ripple, SC Ventures, and Qube Research & Technologies. This funding round, which extends an earlier process involving Intercontinental Exchange (ICE), maintains OKX’s pre-money valuation at $25 billion. The company plans to utilize this capital to strengthen market infrastructure and expand its presence in stablecoins, payments, and the tokenization of real-world assets.

## Claims

- OKX secured a strategic investment at a $25 billion pre-money valuation from Circle, Ripple, Qube Research & Technologies (QRT), and SC Ventures. (corroborated by 9 sources)
- The new funding round is an extension of a March investment by Intercontinental Exchange (ICE) at the same $25 billion valuation. (corroborated by 9 sources)
- OKX launched OKX Money, a standalone app for stablecoin savings, transfers, and payments. (corroborated by 5 sources)
- Eligible USDG balances in the OKX Money app can earn up to 10% APY. (corroborated by 5 sources)
- The OKX Money app supports funding in more than 50 currencies. (corroborated by 5 sources)
- CEO Star Xu stated the company is evolving from a crypto exchange into a broader global financial technology platform. (corroborated by 4 sources)
- OKX Money provides virtual and physical Mastercard-linked cards for spending. (corroborated by 4 sources)
- The OKXICE joint venture has applied to the SEC to offer tokenized trading of 63 U.S. public companies. (corroborated by 3 sources)

## Timeline

### 2026-10-06: OKX secures strategic investment at $25B valuation from Circle and Ripple

OKX has secured strategic investment at a $25 billion valuation from Circle, Ripple, and Standard Chartered, while also launching OKX Money, a standalone app for stablecoin savings and global payments.

16 sources. https://clstr.news/cluster/okx-launches-okx-money-app-for-stablecoin-savings-and-spending

### 2026-09-27: Fortuneo and OKX announce new financial promotions and security features

Fortuneo is offering a 5% promotional interest rate on its Livret + for new accounts, while OKX introduces USDT deposit bonuses and the ‘OKX Shield’ security reimbursement program.

2 sources. https://clstr.news/cluster/fortuneo-and-okx-announce-new-financial-promotions-and-security-features

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Cite as: OKX financial service and stablecoin expansion. CLSTR, https://clstr.news/situations/okx-financial-service-and-stablecoin-expansion