The DeBank financial software is considered the developer of a cryptocurrency portfolio tracker that tracks cryptocurrencies present on multiple chains. As per the official description of the platform, it has been designed for users to manage their Decentralized Finance assets.
Discussing further the platform, it should be noted that DeBank is an all-in-one cryptocurrency wallet that allows users to keep track of their complete portfolio through various chains. In addition to this, we must consider the fact that the platform can help users to track decentralized finance applications, compare interest rates, manage assets, find DeFi projects, analyze risks, and more.
DeBank financial software is dedicated to facilitating the allowance of users to be able to perform token swaps for token exchange and discover investment opportunities. All of this can be done with the availability of detailed real-time data.
Knowing Further About One of the Earliest DeFi Tracking and Portfolio Management Tool
The platform extends support to the largest number of Decentralized Finance protocols. On December 28, 2021, the officials associated with the platform made an announcement regarding the valuation of the platform which then stood at $200 million after the $25 million fundraising round led by Sequoia China.
In the fundraising round, companies like Crypto.com, Hash Global, Ledger, Youbi Capital, Dragonfly Capital, Coinbase Ventures, and Circle, also took part. It should be pondered upon that there has been a significant rise in the investments in businesses related to Web 3.
Well, though we did not hear of what DeBank is going to do with the fund raised the previous year, we just can’t deny the fact that the platform has immense potential. Back in the month of April of the year 2021, DeBank made an announcement regarding the platform integrating Polygon in their “Profile”, “Token Swap”, “DeFi Market” and DeFi Rankings.