Wootrade is incubated by the top quantitative fund Kronos Research, which aims to solve the pain points of the diversified liquidity of the cryptocurrency market, and provides sufficient trading depth for users such as exchanges, wallets, and trading institutions with zero fees. At present, Wootrade products have been in operation for nearly one year and have been upgraded to version 2.0. There are more than 10 exchanges and trading institutions connected. A total of over 65,000 end users have used its trading depth through the exchanges cooperating with Wootrade.
Wootrade co-founders Mark Pimentel and Jack Tan, and Wootrade COO Ran Yi both graduated from Carnegie Mellon University. Mark has worked for many of the world's top quantitative institutions, such as Citadel Capital, Knight Capital, etc. Jack has worked for BNP Paribas and Deutsche Bank and has more than 20 years of trading experience. Chief Technology Officer Terrence Wu has over 15 years of trading system development experience and was responsible for the development of HSBC stock derivatives trading and market-making systems. The team is located in Shanghai, Taipei, Beijing and Shenzhen. Employees have experience with finance and cryptocurrency, and have an international background.