TechFlow news — Cryptocurrency exchange WOO X has raised $9 million in its latest funding round. WOO said it has secured fresh capital from designated market makers, including Wintermute, Selini Capital, Time Research, Presto Labs, Pulsar, AlphaLab Capital, Efficient Frontier, Amber, and Riverside Hedge.
Jack Tan, co-founder of WOO, stated in a release: "Following the launch of our DMM program last August, we're excited to expand our market-making relationships on WOO X. We expect liquidity on WOO X to significantly improve over the coming months, starting with BTC and ETH perpetual futures markets, then expanding to altcoin perpetuals and all spot markets."
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