Jellyverse secures $2 million seed round to build DeFi 3.0
DeFiChain-based Jellyverse raises $2 million from private investors to build its ecosystem. The funding was secured in a seed funding round by Jelly Labs AG and Fintonomy LTD. Jellyverse will feature protocols such as a DEX, staking protocol and stablecoin. Jellyverse, a decentralised finance (DeFi) ecosystem built on the EVM-compatible layer-2 DeFiMetaChain (DMC), has secured a $2 million capital injection from private investors. The seed round was raised by Jelly Labs AG and Fintonomy LTD, the two companies helping develop the Jellyverse. This DAO-governed ecosystem has JLY as the native token. Jellyverse secures $2 million funding According to details in a press release shared on Monday, Jelly Labs AG and Fintonomy LTD will utilise the financing to support the DeFi 3.0 platform’s development. Specifically, the developers aim to advance DeFi adoption with integration of real-world assets and real-world price feeds. Initiated by the DeFiChain Acce...