About Woo Network
WOO X is a centralized crypto trading platform that sets a high standard in the fintech industry with its emphasis on deep liquidity and radical transparency. The platform offers customizable workspaces and a unique WOO Token Broker Program, making it an ideal environment for professionals keen on advancing their careers in a transparent, high-volume trading setting. Additionally, its use of live dashboards for tracking proof of reserves and liabilities exemplifies its commitment to integrity and open communication.
台北市, TaiwanHeadquarters
2019Year Founded
$59.3MTotal Funding
EARLY_VCCompany Stage
Fintech, Crypto & Web3Industries
51-200Employees
Risks
WOOFi's $8M flash loan exploit exposes security vulnerabilities and user trust issues.
Inclusion of volatile meme coins could lead to reputational risks for WOO X.
Increased competition from new entrants like Yei Finance challenges WOO Network's market position.
Differentiation
WOO Network offers zero or negative trading fees, attracting cost-conscious traders.
The platform connects traders, exchanges, institutions, and DeFi platforms for enhanced liquidity.
WOO Network's index perpetual contracts include popular meme coins like Shiba Inu.
Upsides
Collaboration with Legend Trading enhances fiat on-ramp services for retail investors.
Recent $9M funding round boosts liquidity optimization for WOO X exchange.
Growing DeFi interest aligns with WOO Network's innovative trading solutions.
Funding
Total raised$59.34 M
Latest valuation$150.00 M
StageEARLY_VC
EARLY VC
12/31/2023$9
$150.00 M