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DeFi wallet DeBank raises $25 million in equity funding round

DeBank, a crypto wallet that provides access to decentralized finance (DeFi) services such as token swapping and portfolio tracking, has raised $25 million in an equity funding round. The round was led by Sequoia China and saw participation from Dragonfly Capital, Youbi Capital, Coinbase Ventures, Crypto.com Capital, Circle, and Ledger. Founded in 2018, China-based DeBank is now valued at $200 million. Its total funding to date is unclear as the startup has previously raised two funding rounds of undisclosed amounts. …