Decentralized finance (DeFi) portfolio company DeBank has raised $25 million in a financing round led by venture capital firm Sequoia China.
Among the other investors of the organized tour, dragonfly, Hash Global, youbi, Coinbase Ventures, Crypto.com, Circle and ledger took place.
DeBankallows users to track and analyze their DeFi investments. After the fundraising round on the company’s Twitter account, the company’s value increased to $ 200 million. announced.
Crypto.comseparate the funding round in the tweet confirmed that they are excited to support DeBank as it aims to bring 1 billion more users to Web 3.
Besides all these DeBank There has been no explanation yet as to what purpose they will use the fund.