Does a reverse proxy add security?

Does a reverse proxy actually contribute to enhancing security in a cryptocurrency and finance setting? I understand that it acts as an intermediary between the client and the server, but how does this specifically improve security measures? Are there specific threats that a reverse proxy mitigates, and how does it do so? Additionally, are there any potential drawbacks or limitations to using a reverse proxy in terms of security? It would be great to get a clear and concise explanation of the benefits and considerations when incorporating a reverse proxy for security purposes in the world of cryptocurrency and finance.