Ouinex reaches $9M in community funding, launches token platform

Ouinex, a Paris-based crypto asset exchange, has raised $3.5 million in a new equity round, bringing its total funding to $9 million, all of it from retail and professional traders using its own platform and with no venture capital participation.

Alongside the funding round, Ouinex introduced Ouinex Launchpad, a token sale platform designed to give users access to early-stage token launches based on platform engagement and loyalty metrics.

Ouinex is a trading platform combining crypto and traditional financial markets within a single environment. The platform offers access to spot crypto, crypto perpetuals, forex, indices, stocks, and commodities derivatives through one account, using crypto assets as collateral.

Founded around a community-funded model, Ouinex positions its users as both traders and shareholders. The company said more than 10,000 retail and professional traders have participated in its funding rounds since launch.

Ouinex operates on a proprietary No-CLOB (No Central Limit Order Book) execution model, designed to prevent the platform from acting as a counterparty to user trades. According to the company, the system aims to reduce practices such as stop-hunting and front-running by limiting market maker visibility into retail order flows.

Ilies Larbi, CEO of Ouinex, said the company’s community-funded structure allows it to approach regulation as part of the product rather than simply a compliance requirement.

Since our shareholders are our users, we aren’t cutting any corners to satisfy distant investors. We’re investing heavily in legal frameworks across five continents to ensure that Ouinex remains a safe, sustainable, and fully licensed platform for the years to come.

The new funding will be used to support regulatory expansion, product development, and the rollout of additional trading and risk management features.