DeBank, which was co-founded in 2018 by Tang Hongbo, a Chinese R&D expert, enables users to track 798 protocols over 17 chains. DeBank, a crypto wallet that focuses on decentralised finance (DeFi) solutions, has secured new funds from Sequoia China, a leading venture capital firm.DeBank said on Twitter on Tuesday that it had acquired $25 million, raising its total value to $200 million.In addition to Sequoia China, prominent crypto investment firms including Dragonfly, Hash Global, and Youbi joined the funding round.Coinbase Ventures, Crypto.com exchange, stablecoin provider Circle, and hardware wallet maker Ledger all contributed to the round.DeBank is a crypto wallet that monitors DeFi data, such as DeFi interest rates and decentralised applications or exchanges (DEX). Users can also utilise it to explore and manage a variety of DeFi assets and projects. Decentralized lending protocols, stablecoins, margin trading platforms, and other decentralised lending protocols are all cov
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