World Crypto Global
- Written by: Tareq Sikder
- Tue, 06 Feb 2024
- Israel
Ouinex, a crypto trading platform tailored foractive and professional traders, has announced a strategic alliance withCrossover Markets, an institutional trading venue specializing in spotcryptocurrencies. The collaboration heralds a milestone within the cryptosphere, as Ouinex integrates Crossover's electronic communication network (ECN)technology, known as CROSSx.CROSSx: Reshaping Digital Asset Trading DynamicsIlies Larbi, the CEO of Ouinex, expressed enthusiasmregarding the partnership: "By partnering with Crossover Markets andharnessing their state-of-the-art technology, we are propelling ourselvesforward in delivering a unique and exceptional trading experience to ourclients." CROSSx, heralded as a revolutionary ECN fordigital assets, brings unprecedented speed and customization capabilities toOuinex's trading infrastructure. Leveraging ultra-low-latency, quote-drivenmatching technology, and intelligent order routing, CROSSx distinguishes itselffrom the prevalent Central Limit Order Book model dominating the currentcrypto landscape.Anthony Mazzarese, Co-Founder and the ChiefCommercial Officer of Crossover, conveyed his sentiments, stating:"Crossover is privileged that our flagship product, CROSSx, has beenchosen by Ouinex as the liquidity backbone for their highly anticipatedlaunch." "Both Ouinex and Crossoverrecognize that active and high net worth traders globally are underserved, withmost exchanges catering solely to retail users, offering rudimentary technologycoupled with high fees. Ouinex's emergence comes at an opportune time with a productthat aligns perfectly with market needs, and we are thrilled to contribute ourliquidity to this dynamic new platform," Mazzarese added. Exciting News from Ouinex!We're thrilled to announce our strategic partnership with @crossover_mkts , integrating the innovative CROSSx ECN technology to revolutionize your trading experience. This collaboration marks a significant milestone in the crypto industry, setting a pic.twitter.com/En1Waep5wQ Ouinex (@ouinex) February 6, 2024Ouinex Secures VASP Registration from Polish FinancialAuthorityFinance Magnates reportedthat Ouinexstrengthened its regulatory footing pre-launch with its first Virtual AssetService Provider registration from the Polish Financial SupervisionAuthority (KNF). The move preceded its imminent ICO and aligned with itsroadmap's Q4 2023 target. Larbi emphasized compliance with Europeancrypto regulations, aiming for expansion across the continent. Ouinex plans African market entry and seeks a BTC provider license in ElSalvador. Strategic partnerships and a $2 million token pre-sale highlightedits fundraising efforts, alongside collaborations with entities likeInteractive Trading.This article was written by Tareq Sikder at www.financemagnates.com.
