6 months ago
23 ARTICLE AD
Umoja's innovative 'Synths' aim to transform retail investment in the crypto market.
Trading automation protocol Umoja seed funding round has successfully secured an additional $2 million, bringing the total to $4 million. The round was led by Robby Greenfield, former Head of Social Impact at ConsenSys, with the participation of other notable investors including Coinbase and Blockchain Founders Fund.
The protocol intends to break down the “ROI Paywall,” a term used to describe the phenomenon where retail investors, despite holding a $7.2 trillion market share, are often sidelined by institutional players, who have exclusive access to powerful tools that guide their investment strategies. Umoja utilizes ‘Synths’ to enable financial instruments aimed to provide these retail investors with advanced wealth creation, with tools such as delta-neutral stablecoins and hedged assets.
“Bitcoin opened the door to accessible money; Umoja is now paving the way for accessible wealth creation by making asset management as simple as holding the asset itself,” Robby Greenfield, CEO of Umoja, explains. “This marks the pivotal moment where traditional finance and decentralized finance converge.”
With the asset management market projected to grow to $8.3 trillion by 2032, Umoja plans to offer tailored investment strategies to match individual risk tolerance. The protocol faces the recent funding as investor’s confidence in its potential to transform the crypto industry and enhance social impact through broadened access to smart money.
Disclaimer: This article was crafted with the assistance of artificial intelligence (AI) tools.
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
Crypto Briefing may augment articles with AI-generated content created by HAL, our proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
