Hassan Maishera
On Wednesday, Woo X announced via a blog post that WOO and FusionX Digital have entered into a strategic partnership that includes FusionX Digital acquiring the centralized exchange WOO X.
Users will see no disruption - all accounts, assets, trading, and support remain fully uninterrupted. FusionX Digital is a private equity fund that specializes in scaling centralized cryptocurrency exchanges through institutional-grade operational practices and compliance frameworks, with direct access to regulated capital markets.
FusionX Digital will leverage its specialized expertise in exchange operations and regulatory compliance to accelerate the platform's growth trajectory. The transition is expected to take place gradually over the next six months, with WOO and FusionX Digital working closely to ensure a seamless user experience.
WOO Network is a liquidity network connecting traders, exchanges, institutions, and DeFi platforms through its suite of products, including WOO X, Wootrade, and WOOFi. The native WOO tokens are currently available on six chains, including Ethereum, BSC, Polygon, Solana, Fantom, and HECO. WOO is now trading at $0.04141, down by 5.6% in the last 24 hours.
