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Binance Invests n Liquidity Platform WOO Network

CRYPTOnite

2022-01-05 (02:20:38)

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The world's largest exchange (based on trading volume) Binance, invested $12 million in WOO Network, a liquidity platform that connects users to exchanges, institutions and decentralized finance (DeFi) networks. They call it as a strategic investment. Last year, WOO Network began providing liquidity on Binance Smart Chain

As I have seen WOO Network also provides liquidity to more than 40 institutions, exchanges, trading teams, wallets and decentralized applications. I hope that this will surely be a strategic investment for Binance.

What are your thoughts on this? is it a good or a bad move for Binance?

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