✉news TechnologyInternet first seen 20 h ago, last 1 h ago, peak #5

Circle Jumps 7% After Backing OKX at $25B Valuation

Original: Circle Internet Spikes 7% After Backing OKX at $25B Valuation; Coinbase Rallies 6%, Strategy Climbs 3%

Circle Internet shares rose 7% after the stablecoin issuer threw its weight behind OKX at a $25 billion valuation. Crypto-linked stocks rallied broadly alongside it, with Coinbase up 6% and Strategy climbing 3%. The broad gains suggest investors are reading the OKX backing as a bullish signal for the wider crypto sector.

Why now: Circle's high-profile endorsement of OKX at a large valuation boosted confidence across crypto-related stocks.

Circle InternetOKXCoinbaseStrategy

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• Circle Internet Spikes 7% After Backing OKX at $25B Valuation; Coinbase Rallies 6%, Strategy Climbs 3% · 24/7 Wall St.

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