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Ouinex raises $3.5m from users to back ‘No‑CLOB’ crypto trading model

Ouinex raises $3.5m from users to back ‘No‑CLOB’ crypto trading model

Crypto exchange Ouinex has raised $3.5m from its own traders, lifting total funding to $9m to build a “Non‑Centralized Order Book” designed to shield retail from market makers.

Summary

  • Ouinex secures $3.5m, bringing total funding to $9m
  • Round funded solely by retail and professional traders on the platform
  • New capital will build a “No‑CLOB” model to keep market makers from seeing user orders

According to Forbes, crypto and derivatives platform Ouinex announced on May 19 that it had raised $3.5 million, taking aggregate funding to $9 million since launch. The France‑based company told Forbes that every investor in the new round is either a retail or…

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