FusionX Digital Takes Operational Control of WOO X to Scale Global Exchange

Web 3 private-equity fund FusionX Digital announced a strategic partnership with the WOO Network ecosystem to become the new operator of centralized crypto exchange WOO X, aiming to scale its global footprint and enhance utility for the WOO (CRYPTO: $WOO) token. 

Under the deal, FusionX Digital will acquire WOO X and lead its operations, incorporating its institutional-grade exchange infrastructure and regulatory compliance framework into the WOO ecosystem. WOO X currently reports daily trading volumes exceeding US $1.6 billion and serves hundreds of thousands of users worldwide through its spot and futures platforms. 

The move is designed to allow WOO’s in-house team to concentrate on building its DeFi and AI products — including the omnichain DEX level platform “WOOFi” and the AI-powered trading agent “Starchild” — while FusionX Digital spearheads the centralized exchange expansion. WOO’s CEO, Jack Tan, said the transition “elevates us by bringing in specialised partners who share our long-term vision for WOO.” 

FusionX Digital said it will create a Global Strategy Committee composed of experienced professionals in blockchain, cybersecurity, finance and UX — including Sheldon Xia, founder of BitMart — to guide the operational integration and product roadmap. The committee will oversee global expansion, product evolution and regulatory alignment for WOO X. 

Analysts view the deal as strengthening WOO X’s global positioning and regulatory readiness while enabling WOO Network to refocus on next-generation trading and DeFi innovation.