On January 4th, Binance Labs announced a US$12 million strategic investment in the liquidity and transaction supply platform WOO Network. According to a report in November 2021, the liquidity provider WOO Network completed a US$30 million Series A financing, Three Arrows Capital, PSP Soteria Ventures, Gate Ventures, QCP Capital, Crypto.com Capital, AscendEX, AntAlpha, MEXC Global, LBank, Fenbushi Capital, BitMart, 3Commas Capital, TokenInsight Research, AVATAR (Avalanche Asia Star Fund) and ViaBTC Capital participated in the investment.