Hong Kong, Hong Kong, 18th April, 2022, Chainwire
Wombat Exchange gained the support of Shima Capital as the leading investor in a strategic round investment that raised new capital, with the important participation of Jump Crypto and Wormhole.
Being the hyper-efficient multi-chain stableswap backed by Binance, Wombat’s dedication, and conviction to thrive in the DeFi space aligned with the investor’s vision of funding the future of blockchain and the mission of working with projects that exhibit massive potential for success.
Shortly after the successful Series A Funding led by Animoca Brands and Hailstone Ventures in March 2022, this latest round of funding will help Wombat gain even more momentum in its mission to be the best stableswap in existence.
The investors in the stableswap have a very positive outlook on their investment.
Yida Gao, General Partner at Shima Capital said:
“Stablecoins are the fundamental backbone of DeFi yet they bring a set of challenges, like buil
