A decentralized risk hedging strategy management company, announced the launch of its hedging-as-a-service beta, providing CeFi dynamic periodic loss insurance covering assets such as BTC, ETH, and AVAX. One new staking feature allows users to stake assets to earn profits while their principal is protected from losses. In January, Umoja completed a $2 million financing round.

Decentralized risk hedging strategy management company Umoja has completed a $2 million financing round, with participation from Quantstamp, Blockchain Founders Fund, Orange DAO, Hyperithm, Psalion, Blizzard (Avalanche) and others.It is reported that the company was founded by Robby Greenfield, former head of social impact business at ConsenSys, with the aim of helping users insure their market losses like hedge funds to ensure their financial health, and introducing asset risk management in the DeFi field. Currently, the company mainly serves the cryptocurrency field, and plans to expand its decentralized hedging model to more digital asset fields such as digital bonds, real estate, and commodities in the future.