WOO Network raised $12 M in a Strategic round on 2022-01-03.

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WOO
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According to media reports, WOO Network raised $12 M in a Strategic round on 2022-01-03.the investors in this funding round include YZi Labs and others. Following this round, WOO Network's total funding reached $51 M.
WOO X connects traders, exchanges, institutions and DeFi platforms to democratize access to best-in-class liquidity and trade execution at zero or low cost. WOO X was originally incubated by Kronos Research, a large cryptocurrency quantitative trading firm. WOO X aims to reduce market inefficiencies and disrupt the crypto market by solving the main cryptocurrency problem, namely liquidity dispersion. The ultimate goal is to standardise liquidity. WOO X acts as a zero-fee crypto trading platform and also acts as a liquidity aggregator for digital assets. WOOFi supports more than a dozen blockchains, enabling cross-chain swaps and pledges to provide stable returns to WOO token holders. WOOFi Pro complements swap and pledge functions, provides perpetual futures trading, and online 50+ derivatives markets, supporting high leverage and generous share. WOO X also operates its official investment arm, WOO Ventures.

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WOO Fundraising History
RoundAmountValuationTimeInvestor(s)
Strategic$12 M--2022-01-03YZi Labs
Key Milestones
  • 2025-07-24
    losed $ 14 M in hack
  • 2025-04-10
    WOO announces 2025 product roadmap and will launch WOO APP 2.0
  • 2024-01-18
    WOO Network raised $ 9 M in funding round
  • 2022-01-04
    WOO Network raised $ 12 M in strategic financing
  • 2021-11-09
    WOO Network raised $ 30 M in Series A round
  • 2020-10
    $WOO was live for trading
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