PANews reported on November 19th that, according to Chainwire, TRONBANK, a provider of infrastructure for the Tron ecosystem, announced it has secured strategic investments from five international institutions, with BlockX leading the $10 million round. Other participating institutions include Sky Venture Labs, K300 Ventures, Blockin.Ventures, and Onebit Ventures.

TronBank is a DeFi platform on the Tron blockchain, providing 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.