The liquidity release protocol for stakers, Ion Protocol, has completed a $2 million Pre-Seed funding round, led by Portal Ventures and SevenX Ventures

ChainCatcher news, the liquidity release protocol for stakers, Ion Protocol, announced the completion of a $2 million Pre-Seed funding round, co-led by Portal Ventures and SevenX Ventures, with participation from Foresight X, Bankless Ventures, Maelstrom Fund, Alexander, The Daily Gwei founder Anthony Sassano (sassal.eth), and Syncracy Capital co-founder Ryan Watkins, among others.

It is reported that Ion Protocol supports loans for staked and re-staked assets, allowing users to deposit any validator-supported assets (including LST, re-staked positions, etc.) into the collateral vault and mint allETH from their deposits. (source link)