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Woo Network Raises $30M Series A From Three Arrows Capital, Psp Soteria Ventures, Gate Ventures, Qcp Capital, Crypto.Com Capital, And Others

Nov 10, 2021over 3 years ago

Amount Raised

$30 Million

Round Type

series a

George Town

Description

WOO Network today announced the completion of its $30M Series A with backing from Three Arrows Capital, PSP Soteria Ventures, Gate Ventures, QCP Capital, and Crypto.com Capital. The round saw investors across core pillars in the industry: trading institutions, exchanges, venture funds, and research firms such as AscendEX, AntAlpha, MEXC Global, LBank, Fenbushi Capital, BitMart, 3Commas Capital, TokenInsight Research, AVATAR (Avalanche Asia Star Fund), and ViaBTC Capital.

Company Information

Company

Woo Network

Location

George Town, Penang, Malaysia

About

WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity, trading execution, and yield generation strategies at lower to zero cost. WOO Network was incubated by Kronos Research, a multi-strategy trading firm that specializes in high-frequency trading (HFT), arbitrage, and CTA, averaging around $5-10 billion of daily trading volume on global cryptocurrency exchanges. Press Contact: Ben Yorke, Marketing VP Ben@woo.network SOURCE WOO Network

Funding Insights

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