Wombat Exchange Successfully Closes $5.25M Series A Funding Round Led by Hailstone Ventures and Animoca Brands

Wombat Exchange Successfully Closes $5.25M Series A Funding Round Led by Hailstone Ventures and Animoca Brands
фото показано с : zycrypto.com

2022-3-29 00:50

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

Since its seed round investment led by Binance Labs in November 2021, Wombat’s valuation has climbed to $70 million with this current round of funding. Wombat’s product development and expansion will be accelerated thanks to the funds raised in this round.

Yat Siu, Co-Founder & Executive Chairman of Animoca Brands said “Wombat Exchange has put together a solid and experienced team to develop a stableswap that has the potential to significantly advance the growth of DeFi. We’re looking forward to seeing Wombat’s meaningful contribution to the BNB Chain and its adoption in the multichain world.”

Seng Huang Lee, Hailstone Ventures Advisor & Group Executive Chairman of Sun Hung Kai & Co. – “We were impressed by Wombat’s innovation, and we strongly believe in their contribution to the ecosystem. Their algorithm and solution are pioneering and will support the protocols that will shape the future of DeFi for the better.”

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

RoundCoin (ROUND) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 ROUND

round led animoca brands wombat ventures hailstone

round led → Результатов: 126


Crypto Exchange, Rain Financial, Secures Backing from Coinbase Following ‘Tremendous Growth’

Crypto-asset trading platform Rain Financial. Inc. has raised $6 million in the Series A funding round led by venture-capital firm Middle East Venture Partners. Other investors in the four-year-old company that mainly serves users in the Middle East and North Africa include Coinbase, the biggest crypto exchange in the US, Saudi Arabian private-equity investor Vision […] The post Crypto Exchange, Rain Financial, Secures Backing from Coinbase Following ‘Tremendous Growth’ first appeared on BitcoinExchangeGuide.

2021-1-19 20:34


Biconomy raises seed round of $1.5M to enable developers to simplify Web3 experience

Biconomy, a platform that empowers blockchain developers to provide a simplified onboarding and transaction experience for their Web3 projects, today announced it has secured $1. 5 million in a seed funding round led by Eden Block, a research-led European VC, with participation from 8 other investors including Fenbushi Capital, Binance and DACM to continue its mission […] CryptoNinjas » Biconomy raises seed round of $1.

2021-1-11 20:09


“Obscenely Bullish,” Not Just Fast Money, But Real Money Buying Bitcoin Now

After a bout of volatility in the markets last week, investors and traders are back for another round. Monday saw them coming back with an appetite for risk assets and technology as Bitcoin led its peers, climbing just shy of $19,600, “as the bullishness in this particular market has resumed with a vengeance,” wrote analyst […] The post “Obscenely Bullish,” Not Just Fast Money, But Real Money Buying Bitcoin Now first appeared on BitcoinExchangeGuide.

2020-12-15 16:19


Fireblocks gets $30M Series B to expand enterprise crypto storage platform

Fireblocks, an enterprise-grade storage platform for cryptocurrencies, announced today it has raised $30 million in Series B funding, bringing its cumulative fundraising to $46 million. This round was led by Paradigm with participation from existing investors, Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency Group (DCG), and Cedar Hill Capital.

2020-11-19 05:30


Decentralized Finance Firm, UNION, Raises $3.9M to Expand Risk Management Protection

UNION, a defi risk management firm, raised $3. 9 million in a funding round, which drew participation from several crypto trading companies and venture capital firms. Some of the key firms that led the funding round include 3 Commas, Solidity Ventures, AAM, Spark Digital Capital, Alameda Research, Black Edge Capital, and Alpha Chain.

2020-11-12 23:53


Фото:

Razor Network Raises $3.7 Million in Private Funding to Build “Truly Decentralized” Oracle Solution

Decentralized Oracle platform Razor Network has successfully raised a total of $3. 7 million in their seed and private sales round.   The funding rounds were led by prominent investors in the blockchain world, including NGC Ventures, Alameda Research, Borderless Capital, IOSG Ventures, Origin Capital, Bixin Ventures, Spark Digital Capital, BTC12 Capital, ZMT capital, Kosmos Ventures, OneRead MoreRead More.

2020-11-5 17:06


Data Gumbo gets $4M Series B funding to grow GumboNet blockchain

Data Gumbo, creators of an industrial blockchain network, today announced the first close in its Series B funding round of $4 million led by new investor L37, a Bay Area and Houston-based venture capital company, with return investments from Equinor Ventures, the venture subsidiary of Equinor, and Saudi Aramco Energy Ventures, the venture subsidiary of […] CryptoNinjas » Data Gumbo gets $4M Series B funding to grow GumboNet blockchain

2020-9-25 22:38