The raise will help launch one of Web3’s most sophisticated crypto asset exchanges with ultra-low latency price discovery.
Paris, France, June 07, 2023 (GLOBE NEWSWIRE) — Ouinex, the crypto asset exchange platform focused on low latency, superior settlement and advanced trading functionalities, is pleased to announce it has crossed the 2 million dollar mark for the pre-seed round amidst one of the greatest bear markets across Web3 and capital markets.
The $2M USD fundraising round was completed with the help of individuals with diverse backgrounds, including FX, CFDs and equities traders around the world investing into the development of one of the most ambitious crypto asset exchange platforms in the industry. After hiring TradFi and Web3 veteran Alexandre Debieb as their Head of Technologies, this fundraising guarantees Ouinex’s commitment to launch their state of the art trading platform in early 2024.
“This fundraise represents the unequivocal confidence our users have in our ability to build one of the best performing crypto asset exchange platforms in the world,” said Ouinex’ CEO Ilies Larbi.
Alexandre Debieb, Head of Technologies, added, “The oversubscription of our pre-seed financing round enables us to secure the technical resources and best in class technologies required to launch our state of the art platform in early 2024.”
By bringing TradeFi infrastructure over to Web3, Ouinex is building a platform that supports sophisticated traders and can offer price transparency, fastest trade execution times in the industry, with globally competitive asset pricing and service fees. For more information please visit Ouinex here.
Ouinex is a bleeding edge digital asset exchange; by prioritizing transparency, liquidity, and sophistication, Ouinex delivers an institutional-level trading experience for beginners and experts alike. For more information about Ouinex, please see their website.
Original Source: This article was originally published on Yahoo Finance. You can read the original article here.
Ouinex S.A. is a French public limited company with its registered office at 229 rue Saint-Honoré, 75001, Paris. It is registered with the Nanterre Trade and Companies Register under the number 911 669 828. This does not constitute investment advice, nor an invitation or recommendation to engage in any digital asset transactions. Any investment or trading involves risks. Past performance does not guarantee future results. Investing in digital assets carries a risk of total or partial loss of capital. Only risk the capital that you are willing to lose.