The platform's valuation has reached $200 million

​DeBank service raised $25 million in funding round

29.12.2021 - 07:10

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1 min

What’s new? DeBank, an analytical service, has raised $25 million in a funding round. Its valuation has reached $200 million. So far, the service has not specified what exactly it will direct the raised funds for.

Who participated in the funding? The round was led by Sequoia Capital China. Dragonfly, Hash Global, Youbi, and a number of other funds also took part. The strategic investments were provided by Coinbase Venture, Crypto.com, Circle, and Ledger.

The Crypto.com representatives noted that they were glad to support DeBank. They support the service's plans to attract users to Web 3.0.

What is known about the service? DeBank was founded in 2019. It is a crypto wallet that offers users tools to interact with the DeFi world. At the time of writing, DeBank allowed users to track 798 protocols on the 17 blockchains.

Author:

yanazakomoldina yanazakomoldina

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