Tag: crypto trading

WOO, a crypto trading platform that connects retail and institutional traders with deep liquidity pools, has announced that it has raised $9 million from market maker investors, including Wintermute, one of the largest liquidity providers in the crypto space. The funding will be used to fuel WOO’s global market expansion, enhance its product suite, and obtain regulatory licenses in key markets. WOO’s co-founder, Jack Tan, stated that the main purpose of the fundraising is to align the interests of liquidity providers with the platform, rather than raising capital. He said that WOO aims to provide a transparent, fair, and efficient trading experience for all users, regardless of their size or location.