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Wombat Exchange Raises $5.25M In Series A Funding

Mar 16, 2022•over 3 years ago

Amount Raised

$5.25 Million

Round Type

series a

Description

Wombat Exchange, a hyper-efficient multichain stableswap backed by Binance, has successfully closed a $5.25 million Series A funding round led by Animoca Brands and Hailstone Ventures. Additional investors in the round included BNB Chain, TPS Capital, GSR, Zokyo, Lunar Station, Eureka Trading, Silverstone, Unanimous Capital, and CryptoWesearch.

Company Information

Company

Wombat Exchange

About

Wombat Exchange is a BNB native multichain stableswap focused on re-engineering the stableswap experience with our innovative algorithm design. Wombat's vision is to fuel DeFi growth and push boundaries with greater capital efficiency, accessibility, and scalability in a multichain world.