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Wombat Exchange provides a platform for swapping stable-value cryptocurrencies.
Based in Hong Kong, Wombat Exchange operates a platform for swapping stable assets, including USDT, USDC, DAI and BUSD. Founded in 2021 by Alex Lee, it raised USD 5.25 million in Series A funding in March 2022, co-led by Animoca Brands Corporation Limited and Hailstone Ventures, with participation from Crypto Wesearch, Eureka Trading, GSR Capital and others.
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