Crypto Exchange WOO Network Closes $30M Series A Funding

Crypto exchange WOO Network closed a $30 million Series A round from various investors, including Three Arrows Capital, PSP Soteria Ventures, Gate Ventures, QCP Capital, Crypto.com Capital, the Avalanche Asia Star Fund (AVATAR), AscendEX, AntAlpha, MEXC Global, LBank, Fenbushi Capital, BitMart, 3Commas Capital, TokenInsight Research and ViaBTC Capital also participated in the round. Woo will use the fund to recruit more people and also plan to open offices overseas to expand the global market. Woo will also explore more in DeFi space and provide its users with more and better products.