Summary

  • MEXC and Payward announce intent for broader collaboration ahead of TOKEN2049 panel on October 7
  • OKX secures extension round at $25 billion valuation with institutional backers like Circle
  • Events signal growing institutional interest in major crypto exchanges

MEXC and Payward want to team up on more projects. They shared that plan right before their joint panel at TOKEN2049. The session runs October 7 at the MEXC Stage in Singapore.

OKX closed an extension round at the same $25 billion valuation. Circle and Qube Research took part. Exchanges are lining up moves ahead of the big event.

"OKX has raised new funding at a $25 billion valuation, drawing fresh capital from existing partners and the hedge fund Qube Research."

, Bloomberg (https://www.bloomberg.com/news/articles/2026-10-06/crypto-exchange-okx-raises-at-25-billion-from-stanchart-circle)

Context

Exchanges have pushed harder on partnerships and raises lately. TOKEN2049 draws near and that sets the pace.

MEXC and Payward picked the event to spotlight their plans. OKX locked in fresh backing at the $25 billion mark. Both moves show institutions still back the big platforms.

Details

The panel starts October 7 at 12:30 and runs to 13:00. It covers trading shifts and how exchanges adapt. The firms see the talk as a chance to map deeper work together.

OKX brought Circle and Qube Research into the round. Details stay light with no amounts or dates beyond the valuation. Earlier funding already set that figure.

Exchanges keep building ties before big meetings. Next steps look early for now.

MEXC and Payward will break down real trading changes on stage. OKX draws investors from both crypto and traditional sides.

The October 7 panel should show how far MEXC and Payward plan to go. Any extra news on OKX's round will follow close behind.