Traders Fund Ouinex Exchange with $3.5M Equity Round

Ouinex, a crypto asset exchange, has closed a $3.5 million equity round, bringing its total funding to $9 million since launch.

The capital comes from retail and professional traders using or connected to the platform, with no venture funds on the cap table.

This marks the continuation of Ouinex's community-led funding strategy, which began in June 2023 with a $2 million pre-seed round backed by over 2,000 traders.

The raise will be used to build Ouinex Launchpad, a token sale platform that prioritizes verified user access and trader engagement over traditional private investor allocations.