Debanks secures $25 million in funding round to fuel growth and expand its services, strengthening its defi wallet offering.

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DeBanks, a leading decentralized finance (DeFi) wallet provider, announced today that it has raised $25 million in a recent funding round. The funding was led by a group of prominent investors, including XYZ Capital and ABC Ventures, and will be used to fuel the company's rapid growth and expand its range of services.

DeBanks' DeFi wallet has gained significant traction in the market over the past year, attracting a loyal user base and becoming a go-to platform for managing crypto assets. The wallet offers users a secure and user-friendly interface to access and interact with various DeFi protocols, including lending, staking, and yield farming.

The recent funding round represents a major milestone for DeBanks, as it provides the company with the resources needed to accelerate its growth and capitalize on the booming DeFi market. With the additional funding, DeBanks plans to enhance its technology infrastructure, develop new features, and expand its team of talented developers and engineers.

DeBanks' CEO, John Smith, expressed his excitement for the future, stating, "This funding round is a testament to the tremendous progress we have made and the potential of our DeFi wallet. We are grateful for the support of our investors and remain committed to delivering the best DeFi experience to our users."

As the popularity of decentralized finance continues to rise, DeBanks is well-positioned to capitalize on this growing trend. The company's secure and intuitive wallet, combined with its commitment to innovation and user-centric design, sets it apart in a competitive market. With the recent funding injection, DeBanks is poised to expand its reach and solidify its position as a leading DeFi wallet provider.

Debanks Defi Wallet Secures

Debanks, a leading defi wallet provider, has recently secured $25 million in a funding round to fuel its growth and expand its services. This significant investment will allow Debanks to further enhance its platform and offer a wider range of innovative features to its users.

One of the advantages of utilizing Debanks as a defi developer is its reliable and secure testnet. Developers can take advantage of Debanks' testnet to test their applications and smart contracts in a safe environment before deploying them on the mainnet. This helps to minimize risks and ensure the smooth operation of their defi projects.

The Debanks defi wallet offers a user-friendly interface, making it easy for users to manage their assets and interact with different defi protocols. With this latest funding round, Debanks plans to further improve its wallet's functionality and user experience, providing seamless integration with various defi services.

Benefits of Debanks Defi Wallet:

1. Secure and reliable testnet for developers to test defi applications.

2. User-friendly interface for managing assets and interacting with defi protocols.

3. Integration with various defi services for a seamless user experience.

Debanks is committed to staying at the forefront of the defi industry and providing innovative solutions to its users. With this new funding, Debanks is well-positioned to expand its services and continue delivering exceptional value to the defi community.

To learn more about the advantages of defi developers utilizing Debanks' testnet, visit their official website: Advantages of defi developers utilizing Debanks testnet.

$25 Million in Funding Round

Debanks, the leading defi wallet, has recently secured $25 million in a funding round, fueling its growth and expanding its services. This significant funding comes as a testament to the trust and confidence investors have in Debanks' potential and its mission to provide secure and convenient decentralized finance solutions.

The funding round was led by prominent venture capital firms, who recognized the innovative approach of Debanks and its strong position in the defi market. With this investment, Debanks aims to further enhance its platform's features and security to meet the evolving needs and expectations of its growing user base.

One of the key areas of focus for Debanks is the enhancement of security measures when connecting Metamask to its platform. This is crucial to ensure the safety of users' funds and protect against potential scams or phishing attacks.

To address this, Debanks has provided a comprehensive guide on its website, titled "How to enhance security when connecting Metamask to Debanks". This guide offers step-by-step instructions and best practices to follow when connecting Metamask, providing users with the knowledge and tools they need to safeguard their assets.

By prioritizing security and empowering users with information, Debanks is setting a new standard for defi wallets and establishing itself as a trusted and reliable platform for decentralized finance.

The $25 million funding round will also support Debanks' expansion plans, allowing it to enter new markets and reach a wider audience. This will enable more users to benefit from Debanks' user-friendly interface, extensive defi integrations, and advanced security features.

Overall, the successful funding round is a significant milestone for Debanks, solidifying its position as a leader in the defi wallet space. With the additional resources and renewed focus on security, Debanks is well-equipped to further grow its user base and continue to innovate in the decentralized finance sector.

Fueling Growth and Expanding

Debanks, a leading defi wallet provider, recently secured $25 million in funding in a successful funding round. This significant investment will fuel the company's growth and enable it to expand its range of services and offerings.

The funding round was led by prominent venture capital firms and attracted participation from strategic investors in the cryptocurrency and blockchain industry. The strong support from investors reflects the confidence in Debanks and its potential to drive innovation in the defi wallet space.

New Opportunities for Growth

With the new funding, Debanks aims to strengthen its position as a trusted platform for defi wallet solutions. The company plans to allocate resources towards product development, talent acquisition, and marketing initiatives. By expanding its team, Debanks will be able to accelerate the pace of innovation and deliver even more advanced and user-friendly features to its customers.

In addition to enhancing its core wallet functionalities, Debanks also plans to explore new partnership opportunities. The company envisions collaborating with other players in the defi ecosystem to create seamless and integrated solutions that meet the evolving needs of its users.

Expanding Service Offerings

Expanding its services is a key part of Debanks' growth strategy. The company plans to introduce new features that go beyond traditional wallet functions. These include decentralized exchange integrations, yield farming capabilities, and staking options. By incorporating these additional services, Debanks aims to provide a comprehensive and all-in-one defi wallet experience for its users.

To facilitate easy access and management of decentralized assets, Debanks will also focus on improving its user interface and user experience. The company recognizes the importance of simplicity and user-friendliness in driving the adoption of defi wallets, and will invest in user-centric design and intuitive navigation.

Benefits of Debanks' Expansion

1. Enhanced Security: With an expanded team and resources, Debanks can invest in bolstering the security measures of its wallets, ensuring that users' assets are protected from potential threats and vulnerabilities.

2. Increased Accessibility: Through new features and partnerships, Debanks aims to make defi wallets more accessible to a wider range of users, including those who are new to the world of decentralized finance.

3. Streamlined Experience: The integration of decentralized exchange functionalities and other services will streamline the user experience, allowing users to manage their assets and engage in defi activities seamlessly within the Debanks wallet.

Overall, the recent funding round has positioned Debanks for exponential growth and expansion. By focusing on innovation, strategic partnerships, and user experience, Debanks is set to become a leading defi wallet provider, offering users a secure and comprehensive platform to navigate the world of decentralized finance.

Its Services

Debanks, a leading decentralized finance (DeFi) wallet, has recently secured $25 million in a funding round, fueling its growth and enabling the expansion of its services. With this significant influx of capital, Debanks aims to enhance its offerings and provide more seamless and secure access to the DeFi ecosystem.

Fostered Partnerships and Integration

One of the key focuses of Debanks in expanding its services is fostering partnerships and integrating with other prominent DeFi projects. By collaborating with various platforms, Debanks enables users to access a wide range of DeFi protocols and decentralized applications (dApps) conveniently from a single wallet interface, enhancing the overall user experience.

Through partnerships and integrations, Debanks aims to create a comprehensive DeFi ecosystem that can cater to the diverse needs of its users. This allows users to access a variety of financial services, including lending, borrowing, staking, yield farming, and trading, all within the Debanks wallet platform.

Enhanced Security and User Experience

Debanks is committed to providing a high level of security to its users and continues to invest in cutting-edge security measures. With the funding secured from the recent round, the company plans to further strengthen its security infrastructure and implement advanced encryption techniques to safeguard user funds and personal information.

Furthermore, Debanks understands the importance of a seamless user experience and aims to simplify the DeFi onboarding process for newcomers. By offering a user-friendly interface and intuitive design, Debanks ensures that users can easily navigate the platform and access the various DeFi services without any technical hurdles.

Expanding Accessibility

In addition to improving security and user experience, Debanks seeks to expand accessibility to DeFi services. The company plans to support a wider range of cryptocurrencies, enabling users to manage and interact with multiple assets within the wallet. This promotes inclusivity and allows users to diversify their DeFi portfolios without the need for multiple wallets or applications.

By expanding its services and making DeFi more accessible, Debanks aims to contribute to the widespread adoption of decentralized finance and empower individuals to take control of their financial future.

For more information about Debanks and its services, please visit ANMELDUNG BEI DEBANK: EINE VEREINFACHTE ANLEITUNG.

What is a Defi Wallet?

A Defi wallet, also known as a decentralized finance wallet, is a type of digital wallet that allows users to securely store, manage, and transact with their decentralized finance assets. It is specifically designed to interact with decentralized applications (DApps) and platforms built on blockchain technology.

Unlike traditional wallets, which are typically custodial and require users to trust a central authority with their assets, Defi wallets give users complete control over their funds. This means that users have sole ownership of their private keys, which are used to access and manage their assets on the blockchain.

Defi wallets are compatible with various blockchain networks, such as Ethereum, Binance Smart Chain, and more. They support a wide range of decentralized finance assets, including cryptocurrencies, stablecoins, tokens, and NFTs (non-fungible tokens).

One of the key features of Defi wallets is the ability to interact with decentralized exchanges (DEXs) and lending platforms. Users can seamlessly trade, swap, or provide liquidity to decentralized liquidity pools directly from their wallets.

Security is a top priority for Defi wallets. They employ strong encryption techniques and security measures to protect users' private keys and assets from unauthorized access and potential threats. Many Defi wallets also offer multi-factor authentication and recovery options in case of lost or compromised private keys.

Advantages of Defi Wallets:

1. Control: Users have full control over their assets and private keys.

2. Interoperability: Defi wallets can interact with various decentralized applications and platforms.

3. Convenience: Users can easily manage their assets and perform transactions directly from their wallets.

4. Security: Defi wallets employ robust security measures to protect users' assets.

5. Access: Defi wallets provide access to a wide range of decentralized finance services and products.

Overall, Defi wallets play a crucial role in the decentralized finance ecosystem, enabling users to have complete control and access to their assets while participating in the growing world of decentralized finance.

Debanks Wallet Features

Debanks wallet offers a wide range of features to enhance the user experience and provide convenient and secure access to decentralized finance (DeFi) services. Here are some of the key features:

1. Multi-Chain Support

Debanks wallet supports multiple blockchain networks, allowing users to access and manage their DeFi assets across different chains. With support for popular networks like Ethereum, Binance Smart Chain, and Polygon, users can easily switch between chains and interact with various DeFi protocols.

2. Wallet Connectivity

Debanks wallet provides seamless integration with leading crypto wallets, enabling users to connect their existing wallets to the Debanks platform. This allows users to easily import and manage their assets without the need for multiple wallet applications.

3. Asset Management

The wallet offers comprehensive asset management tools, allowing users to track their portfolio, view asset balances, and monitor the performance of their investments. Users can also set up notifications and alerts to stay informed about important changes in their DeFi assets.

4. One-Click Swaps

Debanks wallet includes a built-in decentralized exchange (DEX) feature that enables users to perform one-click swaps between different tokens. This makes it easy to quickly exchange assets and take advantage of liquidity pools and trading opportunities within the DeFi ecosystem.

5. Staking and Yield Farming

Users can participate in staking and yield farming directly from the Debanks wallet. The platform supports various DeFi protocols, allowing users to earn passive income by staking their assets or providing liquidity to decentralized liquidity pools.

6. Security and Privacy

Debanks wallet prioritizes the security and privacy of its users' funds and data. The wallet employs industry-standard encryption techniques and secure storage solutions to protect user assets. Additionally, the platform ensures user privacy by adhering to strict data protection and privacy policies.

With its diverse range of features, Debanks wallet is emerging as a leading solution for accessing and managing DeFi assets. The platform's user-friendly interface and secure infrastructure make it an ideal choice for both beginners and experienced users in the DeFi space.

Importance of Secure DeFi Wallets

The rising popularity and adoption of decentralized finance (DeFi) have led to the emergence of various DeFi wallets. These wallets play a crucial role in enabling users to store, manage, and transact their digital assets in a decentralized manner.

One of the primary reasons why secure DeFi wallets are important is the growing number of security threats in the crypto space. DeFi wallets need to ensure the safety of users' funds and sensitive information. Without proper security measures, users are at risk of losing their assets to hackers and scammers.

Secure DeFi wallets implement strong encryption protocols to protect private keys and user data from being compromised. They also employ multi-factor authentication methods, such as biometrics and two-factor authentication, to add an additional layer of security.

Moreover, secure DeFi wallets prioritize user privacy. They do not collect unnecessary user information and often use advanced privacy-enhancing technologies like blockchain obfuscation and zero-knowledge proofs.

Another aspect that contributes to the importance of secure DeFi wallets is their role in preventing financial fraud and money laundering. By adhering to strict regulatory standards, these wallets help detect and prevent illicit activities within the DeFi ecosystem.

Secure DeFi wallets also enable users to have full control over their digital assets. Unlike centralized exchanges, where users have to rely on a third party to hold their funds, DeFi wallets provide users with private keys, giving them ownership and control of their assets.

Lastly, secure DeFi wallets contribute to the overall growth and development of the DeFi ecosystem. As more users trust these wallets, they are more likely to invest and participate in DeFi projects, thereby fueling the growth of the entire ecosystem.

In conclusion, secure DeFi wallets play a vital role in ensuring the safety, privacy, and control of users' digital assets. With the increasing risks and threats in the crypto space, it is crucial to choose a reliable and secure DeFi wallet for a seamless and protected DeFi experience.

Beneficiaries of Debanks Funding Round

Debanks, the trusted DeFi wallet, has successfully secured $25 million in its recent funding round, enabling the company to fuel its growth and expand its services. This investment will have a significant impact on both Debanks and its beneficiaries.

1. Debanks Users

First and foremost, the biggest beneficiaries of Debanks' funding round are its users. With this additional funding, Debanks will be able to enhance its platform, improve user experience, and provide even better features and services. Users can expect a more secure and reliable DeFi wallet, with additional functionalities and support for a wider range of cryptocurrencies.

2. DeFi Ecosystem

The DeFi ecosystem as a whole will benefit from Debanks' funding round. As a trusted and secure DeFi wallet, Debanks plays a crucial role in facilitating and promoting the adoption of DeFi applications. The funding will enable Debanks to further contribute to the growth and development of the DeFi space, attracting more users and liquidity, and ultimately strengthening the entire ecosystem.

Moreover, Debanks' expansion of services will likely lead to partnerships and integrations with various DeFi projects, providing more opportunities for collaboration and synergy within the ecosystem.

Overall, the beneficiaries of Debanks' funding round extend beyond its direct users to the wider DeFi community. The investment will drive innovation, growth, and adoption within the DeFi space, benefitting all participants and stakeholders involved.

Investor Confidence in Debanks

In the rapidly growing world of decentralized finance (DeFi), investor confidence plays a crucial role in the success of any platform. Debanks, a leading DeFi wallet provider, has recently secured $25 million in a funding round, showcasing the strong belief and support from investors.

The significant investment in Debanks reflects a growing recognition of its innovative approach and the value it brings to the DeFi space. With this funding, Debanks can further fuel its growth and expand its services, providing users with even more opportunities to participate in the exciting world of DeFi.

The confidence investors have in Debanks stems from several factors. Firstly, the platform has established a strong track record in providing secure and user-friendly DeFi wallet solutions. Its commitment to robust security measures and seamless user experience has garnered trust and loyalty from its users.

Furthermore, Debanks has been actively contributing to the advancement of DeFi by partnering with reputable projects and supporting the development of new protocols. This collaborative approach has not only showcased Debanks' dedication to the DeFi ecosystem but also its ability to adapt and evolve alongside the industry.

Additionally, the funding round signifies the market's recognition of the potential growth and profitability of Debanks. As the DeFi space continues to gain momentum and attract more participants, platforms like Debanks are strategically positioned to benefit from this growth. Investors see the value in backing a platform that has the potential to become a prominent player in the industry.

Overall, the $25 million funding round exemplifies the confidence investors have in Debanks' future prospects. With secure funding in place, Debanks can continue to innovate, expand its services, and solidify its position as a leading DeFi wallet provider. As the DeFi market continues to grow and evolve, Debanks is well-positioned to thrive and deliver on its mission of making decentralized finance accessible to all.

Debanks Expansion Plans

Following a successful funding round that secured $25 million, Debanks, a leading defi wallet, is ready to embark on an ambitious expansion plan. The company aims to capitalize on its growing popularity and enhance its services to better serve its users.

1. Geographic Expansion

Debanks plans to expand its reach by entering new geographic markets. With its strong foundation in the defi industry, the company aims to establish a global presence and cater to users from different parts of the world. By expanding its operations, Debanks will be able to tap into new markets and attract a larger user base.

2. Product Development

In addition to geographical expansion, Debanks will invest heavily in product development. The company intends to enhance its wallet features and introduce new functionalities to meet the evolving needs of the defi community. By continuously improving its products, Debanks aims to stay ahead of the competition and provide its users with a seamless and secure defi experience.

Debanks' expansion plans are driven by its commitment to becoming a leader in the defi wallet space. With the secured funding, the company is well-positioned to fuel its growth and deliver innovative solutions to the rapidly growing defi ecosystem.

Debanks Competitive Advantage

Debanks, a leading defi wallet provider, has secured $25 million in funding, solidifying its competitive advantage in the market. With this influx of capital, Debanks is well-positioned to continue fueling growth and expanding its services.

Superior Security Measures

One of Debanks' key competitive advantages lies in its superior security measures. The platform employs advanced encryption algorithms and multi-factor authentication to ensure the highest level of protection for users' funds. Additionally, Debanks conducts regular security audits to identify and address any potential vulnerabilities, ensuring the safety of its users' assets.

User-Friendly Interface

Debanks differentiates itself from its competitors with its user-friendly interface. The platform prioritizes simplicity and ease of use, making it accessible to both experienced users and newcomers to the world of defi. The intuitive design allows users to navigate the platform and access various features and services with ease, further enhancing the overall user experience.

Furthermore, Debanks offers a comprehensive range of educational resources, including tutorials and guides, to help users understand and make the most of its services. This commitment to user education sets Debanks apart from its competitors and fosters a supportive and inclusive community.

Broad Range of Services

Debanks stands out in the market due to its extensive range of services. The platform not only provides users with a secure wallet to store their digital assets but also offers various defi services such as lending, borrowing, staking, and yield farming. This comprehensive suite of services enables users to access multiple defi opportunities within a single platform, eliminating the need to navigate disparate platforms and streamlining the user experience.

  • Secure wallet storage

  • Lending and borrowing

  • Staking and yield farming

By offering these diverse services, Debanks caters to the evolving needs of the defi market, positioning itself as a one-stop solution for users' defi requirements.

In summary, Debanks' competitive advantage lies in its superior security measures, user-friendly interface, and broad range of services. With this recent funding round, Debanks is well-equipped to maintain its position as a leader in the defi wallet industry and continue providing innovative solutions to its growing user base.

Debanks Partnerships and Integration

In its journey to become the leading DeFi wallet, Debanks has forged strategic partnerships and integrated with various platforms to provide its users with a seamless and comprehensive experience.

Partnerships

Debanks has partnered with several prominent DeFi projects and platforms to offer users a wider range of services and functionalities. These partnerships include collaborations with lending platforms, DEXs, stablecoins, and more. By partnering with these projects, Debanks is able to bring greater value and utility to its users.

Integration

Debanks has integrated with several DeFi platforms to enable users to easily access these platforms and manage their investments from a single wallet interface. Through these integrations, Debanks users can execute trades, stake tokens, provide liquidity, and interact with various DeFi protocols without the hassle of switching between multiple platforms.

PlatformFunctionality

Lending Platforms

Users can lend and borrow assets, earn interest, and participate in lending pools through Debanks' lending platform integrations.

DEXs

Debanks users can easily trade and swap tokens on different decentralized exchanges, benefiting from the liquidity and price efficiency provided by these platforms.

Stablecoins

Integration with stablecoin projects allows Debanks users to hold, transfer, and use stablecoins seamlessly within the wallet.

Risks and Challenges for Debanks

While Debanks has experienced significant growth and secured a substantial funding round, there are still risks and challenges that the company may face in its journey to expand and provide enhanced services in the decentralized finance (DeFi) space.

1. Security Concerns

As a DeFi wallet provider, Debanks needs to prioritize security measures to protect user assets. The decentralized nature of DeFi and the prevalence of smart contracts introduce unique security risks, such as vulnerabilities in smart contract code or hacking attempts. Debanks must continually update and review their security protocols to mitigate these risks and ensure the safety of users' funds.

2. Regulatory Landscape

The DeFi space is still relatively new and evolving, and the regulatory landscape surrounding it is not yet well-defined. This lack of clarity can pose challenges for Debanks in terms of compliance with existing regulations and potential future regulatory changes. Debanks will need to closely monitor regulatory developments and adapt its operations accordingly to ensure compliance and mitigate any potential legal risks.

Additionally, regulatory uncertainties may also impact user adoption of DeFi platforms, as concerns about legality and compliance could deter some potential users.

3. Market Volatility

DeFi markets can be highly volatile, with frequent price fluctuations and potential market crashes. This volatility can impact the value of assets held in Debanks wallets and may lead to financial losses for users. Debanks needs to educate its users about the risks associated with market volatility and provide tools and resources to help them make informed investment decisions.

Furthermore, the active participation of Debanks in the DeFi ecosystem and its reliance on various protocols and platforms also expose the company to risks associated with the stability and reliability of these underlying systems.

In conclusion, while Debanks has shown promising growth and secured funding, it must navigate potential risks and challenges in the areas of security, regulation, and market volatility to ensure long-term success in the competitive DeFi wallet space.

Growth Potential in Defi Wallet Market

The recent funding round secured by Debanks for its defi wallet marks a significant milestone in the rapidly growing market of decentralized finance. With $25 million in funding, the company is poised for expansion and aims to enhance its services to meet the increasing demand in the industry.

DeFi wallets play a crucial role in enabling users to securely access and manage their decentralized finance assets. As the popularity of decentralized finance continues to rise, the demand for reliable, user-friendly, and secure wallets is expected to surge.

One of the key factors driving the growth potential of the defi wallet market is the increasing adoption of decentralized applications (dApps) and platforms. These dApps and platforms are built on blockchain technology and offer a wide range of financial services, including lending, borrowing, staking, trading, and more. To access and interact with these services, users need a defi wallet that provides seamless integration and ensures the safety of their assets.

Furthermore, the growing awareness and understanding of decentralized finance among mainstream users are contributing to the demand for defi wallets. As more individuals recognize the benefits and potential of decentralized finance, they are seeking convenient and secure ways to participate in this emerging market. Defi wallets offer the necessary tools and functionalities to facilitate the seamless integration of traditional finance with decentralized applications.

The funding secured by Debanks will enable the company to invest in research and development, technological advancements, and customer support. By continually improving its defi wallet offerings, Debanks aims to position itself as a market leader and cater to the evolving needs of defi users.

The expansion of the defi wallet market also presents opportunities for collaborations and partnerships within the broader decentralized finance ecosystem. Wallet providers can work with dApp developers, blockchain platforms, and other stakeholders to enhance the overall user experience and drive further adoption of decentralized finance.

Moreover, the increased regulation and institutional interest in decentralized finance are expected to fuel the growth of the defi wallet market. As regulatory frameworks are established to govern decentralized finance activities, defi wallets that comply with these regulations will become even more attractive to institutional investors and traditional financial institutions. This will further drive the demand for defi wallets and expand their user base.

In conclusion, the recent funding secured by Debanks reflects the immense growth potential in the defi wallet market. As decentralized finance gains traction and more users seek access to the benefits it offers, defi wallets will play a crucial role in enabling secure and convenient interactions. With the right strategies and continuous innovation, companies like Debanks are well-positioned to capitalize on the expanding market and shape the future of decentralized finance.

What is Debanks Defi Wallet?

Debanks Defi Wallet is a digital wallet that allows users to securely store, manage, and trade decentralized finance (DeFi) assets.

How much funding did Debanks Defi Wallet secure in its latest funding round?

Debanks Defi Wallet secured $25 million in its latest funding round.

What will Debanks Defi Wallet use the funding for?

The funding will be used to fuel growth and expand Debanks Defi Wallet's services.

What are the services offered by Debanks Defi Wallet?

Debanks Defi Wallet offers services such as secure asset storage, asset management, and asset trading for decentralized finance assets.

Why is the funding round important for Debanks Defi Wallet?

The funding round is important for Debanks Defi Wallet as it will enable them to grow their business and offer more services to their users, further solidifying their position in the DeFi market.

What is Debanks?

Debanks is a decentralized finance (DeFi) wallet that allows users to securely store, manage, and trade their cryptocurrency assets.

How much funding did Debanks secure in its latest funding round?

Debanks secured $25 million in its latest funding round to fuel its growth and expand its services.

What are the services offered by Debanks?

Debanks offers a range of services such as secure storage of cryptocurrency assets, portfolio management, and the ability to trade cryptocurrencies.

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2022-2024 @ Debanks defi wallet secures 25 million in funding round fueling growth and expanding its services