Pollen DAO project raised $5 million to create a unified portf | DeFI News & Alerts

Pollen DAO project raised $5 million to create a unified portfolio management system

According to Daily Coin, decentralized portfolio management protocol Pollen DAO has raised $5 million in investment. Data indexing protocol The Graph and cryptocurrency fund AlphaBit led the fundraising round.

Pollen DAO is positioned by the developers as a decentralized portfolio management protocol that supports the creation and distribution of DeFi portfolio and index tokens, generating income for their holders. The project thus claims to be "redefining the portfolio management approach and associated incentive structure," positioning itself as a "Uniswap of Asset Management."

Pollen has raised $5 million with the help of key strategic funders, including The Graph (GRT) and AlphaBit (ABC).