Ouinex, a Paris, France-based provider of a digital assets trading platform, raised over $4M in funding.
The backers were not disclosed
The company intends to use the funds to further develop and enhance its platform, and to secure additional regulatory licenses.
Led by CEO Ilies Larbi, Ouinex is a regulated and secure crypto and derivatives trading platform, focused on low latency and competitive trading fees. It brings a TradFi electronic trading infrastructure to Web3 including innovative universal cross margining capabilities, enabling users to trade TradeFi instruments by using their crypto holdings as margin.
The Ouinex community comprises exclusively of qualified active traders with significant experience in Traditional Finance (TradFI) products. This dynamic engagement brings financial support, and also guarantees Ouinex a dedicated and active user base. As tokens will be distributed directly on the Ouinex platform, the project has already secured its user base even before the product goes live.
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