Ouinex, a secure and regulated high-speed digital asset trading platform, said this week that it has very successfully completed the first rounds of seed and private funding, raising more than $4 million to date.
Interestingly, the latest Private 1 round, following the successful seed sale, demonstrated considerable enthusiasm from the platform's community of active cryptocurrency traders, with over 5,000 slots for future users acquired in just five days, resulting in raising approximately $2.2 million.
Ouinex brings the best of TradFi's e-trading infrastructure to Web3, including innovative universal cross-margining capabilities, allowing users to trade TradFi instruments using their cryptocurrency holdings as margin.
The Private 1 round, like the initial round, was carried out exclusively within the Ouinex community, ensuring 100% participation of users in the fundraising process. Ouinex said that this strategy not only highlights the platform's dedication to its community, but also positions the French crypto platform as a potential pioneer in the cryptocurrency trading space.
The Ouinex community is exclusively made up of qualified active traders with significant experience in TradFi products. This commitment not only provides financial support, but has also guaranteed Ouinex a dedicated and active user base from day one.
As the tokens will be distributed directly on the Ouinex platform, the project has already secured its user base even before the product goes live.
โWe had planned a four-week Private 1 round, but it sold out in less than 48 hours! We had to open an additional allocation of tokens to meet the demand. This speaks volumes about the strength and enthusiasm of our user community,โ said Ilies Larbi, CEO of Ouinex. "Our commitment to a user-driven approach not only aligns with the principles of decentralization, but also ensures that our community members are not just investors and users, but active participants in shaping the future of Ouinex."
Ouinex said the $4 million raised by the seed and private round will be used strategically to further develop and improve the Ouinex platform and to secure additional regulatory licenses.
