TechFlow reported, according to Cointelegraph, that the smart money protocol Umoja has raised $2 million in a seed extension round, bringing its total seed funding to $4 million.
Participants in this seed round included Coinbase, 500 Global, Quantstamp, Blockchain Founders Fund, Orange DAO, Hyperithm, Psalion, and Avalanche's Blizzard Fund.
Umoja aims to use the funds to democratize access to its smart money protocol, which offers automated investment strategies enabling tokens to self-trade, hedge against market volatility, and optimize yields.
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