The Jellyverse platform, operating in the DeFi (decentralized finance) sector, has attracted $2 million in investments during its seed funding round, reports DeCrypt. The funding was directed to support companies developing core protocols for the project — Jelly Labs AG and Fintonomy LTD. These funds will be used for further development of the platform, which aims to become part of the DeFi 3.0 ecosystem.

Jellyverse co-founder Santiago Sabater emphasized the project's uniqueness: "Jellyverse combines the best achievements of the industry with an innovative approach. We offer decentralized assets that provide new opportunities for diversifying cryptocurrency portfolios, including a self-balancing pool of various tokens."

Based on DeFiMetaChain (DMC), an EVM-compatible L2 blockchain, Jellyverse offers a wide range of decentralized financial services. Soon, the platform plans to launch a new product — jAssets, linked to the value of commodities and stocks. However, as noted in Jellyverse, jAssets will not fully correlate with the prices of the underlying assets but rather reflect their market trends.

Additionally, Jellyverse is actively working on developing advanced portfolio management methods using fully decentralized approaches. The project's developers claim that investors will be able to create complex portfolios of various assets, thereby earning additional profits.