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The DeFi platform TRONBANK has received strategic investments from multiple institutions, with BlockX leading the round with a $10 million investment.

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PANews, November 19 news, according to Chainwire reports, TRONBANK, an infrastructure provider for the TRON ecosystem, announced that it has secured strategic investments from five international institutions, with BlockX leading the investment of $10 million. Other participating institutions include: Sky Venture Labs, K300 Ventures, Blockin.Ventures, and Onebit Ventures. According to reports, TronBank is a DeFi platform on the TRON blockchain that offers energy leasing, TRX staking, and on-chain yield services through secure and transparent smart contracts. TRONBANK currently focuses on three main areas: energy leasing, TRX staking finance, and yield optimization mechanisms.

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