OKB Token Surges 38% on NYSE’s OKX Investment at $25B Valuation

The New York Stock Exchange’s parent company has invested in OXK, in a deal that values the crypto exchange at $25 billion.

Haider Rafique, global managing partner of corporate affairs at OKX, told Fortune that there was “great chemistry in how we looked at the world and the future of tokenized securities, how derivatives should make it to the global stage, how TradFi [and] digital assets should merge together,” adding that, “This is not just a very casual investment.”