Binance Labs leads $12M round for DeFi platform Woo Network -Breaking
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© Reuters. Woo Network, a liquidity provider for Decentralized Finance (DeFi), has raised additional capital in the Series A round.
Woo Network was incubated by Kronos Research’s quantitative trading expert, and has now received another $12 million strategic investment through a Series B+ financing round by Binance Labs. The fresh funding, announced by Binance Labs on Tuesday, builds upon Woo Network’s $30-million Series A funding round.
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