TechFlow news, on April 18, the multi-chain stablecoin exchange platform Wombat Exchange completed a new round of strategic financing, with the specific amount undisclosed. This round was led by Shima Capital, with participation from Jump Crypto and Wormhole. Wombat aims to drive DeFi growth in a multi-chain world with higher capital efficiency, accessibility, and scalability.
Earlier reports indicated that on March 17, the multi-chain stablecoin exchange platform Wombat Exchange announced a $5.25 million Series A funding round, achieving a post-money valuation of $70 million. The round was co-led by Animoca Brands and Hailstone Ventures, with participation from BNB Chain, TPS Capital, GSR, Zokyo, Lunar Station, Eureka Trading, Silverstone, Unanimous Capital, and CryptoWesearch. The funds will be used to accelerate Wombat's product development and expansion.
