Binance Labs leads $12M round for DeFi platform Woo Network By Cointelegraph



© Reuters.

Decentralized finance (DeFi) liquidity provider Woo Network has secured additional funds in a Series A funding round.

Incubated by quantitative trading heavyweight Kronos Research, Woo Network has pocketed an additional $12 million strategic investment in a Series A+ funding round led by Binance Labs. The fresh funding, announced by Binance Labs on Tuesday, builds upon Woo Network’s $30-million Series A funding round.