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Sequoia Capital China tops DeBank’s $ 25M funding round. Analytics service’s valuation reaches $ 200M.
We’ve just closed a $25M equity round at a valuation of $200M.
This round is led by Sequoia China, followed by Dragonfly, Hash Global, Youbi and other angel investors, along with strategic investments from Coinbase Venture, https://t.co/kZVg44T3Tc, Circle, and Ledger.
— DeBank (@DeBankDeFi) December 28, 2021
The round was attended by Dragonfly, Hash Global, Youbi and other business angels. Strategic investments have been provided by Coinbase Venture, Crypto.com, Circle and Ledger.
At the time of this writing, the service did not disclose where it will direct the funds raised.
DeBank was founded in 2019 and supports hundreds of DeFi protocols across Ethereum, Binance Smart Chain, Polygon and others.
Recall that in May, the DeFi dashboard Zapper raised $ 15 million from Framework Venture, Mark Cuban, Ashton Kutcher’s Sound Ventures, Coinbase Ventures, Aave founder Stani Kulichov and others.
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