WOO Network Buys Back Shares and Tokens From Bankrupt Three Arrows Capital
The 20 million WOO tokens repurchased from 3AC have been sent to a burn address.
Taiwan-based liquidity provider WOO Network has agreed to a deal with Teneo, the liquidator of bankrupt hedge fund Three Arrows Capital (3AC), to repurchase shares and tokens it sold in 2021.
According to a press release, WOO agreed to cancel shares purchased by 3AC in 2021's Series A fundraise and repurchase 20 million WOO tokens, worth around $3.4 million at current prices. The tokens have been sent to a burn address or crypto wallet that cannot be accessed by anyone.
WOO raised $30 million in its Series A, although the amount of investment from Three Arrows Capital was undisclosed.
The 20 million WOO tokens repurchased from 3AC have been sent to a burn address.
Taiwan-based liquidity provider WOO Network has agreed to a deal with Teneo, the liquidator of bankrupt hedge fund Three Arrows Capital (3AC), to repurchase shares and tokens it sold in 2021.
According to a press release, WOO agreed to cancel shares purchased by 3AC in 2021's Series A fundraise and repurchase 20 million WOO tokens, worth around $3.4 million at current prices. The tokens have been sent to a burn address or crypto wallet that cannot be accessed by anyone.
WOO raised $30 million in its Series A, although the amount of investment from Three Arrows Capital was undisclosed.
Commento:
Tp2 reached: +30% profit.
Keep calm, trade with no risk.
Keep calm, trade with no risk.
Trade chiuso: obiettivo raggiunto:
Full target reached.
Strong team have a strong project.