 | Taking pride in being a globally-acclaimed liquidity provider for DeFi space, Woo Network has announced to pool an additional capital of $12M in a Series A+ funding round organized by the entity. The funding round was led by Binance’s investment venture Binance Labs that aims to incubate high-potential projects looking for financial assistance in the crypto space. The new pooling is an addition to Woo Network’s $30M Series A funding event. According to the report, the collected funds will play a significant role in furthering the expansion plans of the Woo Network ecosystem. The firm started providing its liquidity services on the Binance Smart Chain network in 2020 making it evolve as a trusted partner of Binance’s leading crypto exchange cluster. The latest analytics have revealed that the value of Woo Network’s native token has risen to new heights after the announcement of the additional investment by Binance Labs. [link] [comments] |
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