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Defi Portfolio Tracking Startup Debank Raises $ 25 Million From Sequoia China, Crypto.com, Circle

News Snapshot:

DeBank just raised $25 million at a $200 million valuation. The DeFi portfolio tracker declared the update in a Tuesday tweet, uncovering that Sequoia China had driven the raise. The funding round additionally saw participation from Dragonfly Capital, Hash Global, Youbi, and other private backers, while Coinbase Ventures, Crypto.com, Circle, and Ledger all made strategic investments. Full subtleties of how the funds will be utilized are scant, however all things considered, the task will expect to scale its product and attract new DeFi clients as the space develops. With a fresh capital injection, DeBank will be hoping to make pace…

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