Spencer Yang, a former executive at US-based cryptocurrency exchange Coinbase, has announced that he has left the firm to launch a new Web3-focused company in Singapore called Gomu.
Gomu co-founder Spencer Yang / Photo credit: Spencer Yang
“What an amazing ride it has been for the past year. I’ve worked with our amazing team on various initiatives like derivatives, DEX, and Wallet,” Yang said in a post on LinkedIn.
Gomu provides the gateway for wallets, apps, and services based on Web3. It is developing APIs and software development kits for developers and companies to offer NFT commerce, token swaps, liquidity pools, social, and other crypto functionalities to users, according to the company’s website.
The Gomu team consists of employees from firms like Coinbase, Binance, and Zendesk. These employees are based across the US and Singapore.
“We’re starting Gomu.co, to help companies to bring the best Web3 experiences to their users. Huge kudos to my team for taking the leap with me: Kenneth Tiong, Jeremy Seow, Yang Bin Kwok, and Zonglu Zhang,” Yang said in his post.
See also: How Polygon puts India at the heart of the crypto world
Yang joined Coinbase in January last year after serving as vice president of growth, operations, and revenue at CoinMarketCap, a price-tracking website for crypto assets. He was reportedly among the few key executives who left CoinMarketCap a few months after it was acquired by Binance.
Editing by Collin Furtado and Lorenzo Kyle Subido
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