Ion Protocol, a liquidity unlocking protocol for stakers, has raised $2 million in funding with lead investments from Portal Ventures and SevenX Ventures.

According to official sources, Ion Protocol, a liquidity release protocol for stakers, has completed a pre-seed round of financing worth $2 million. The round was led by Portal Ventures and SevenX Ventures, with participation from Bankless Ventures, Hashed, Smrti Lab, Foresight X, Maelstrom Fund, Alexander, Anthony Sassano (founder of The Daily Gwei), and Ryan Watkins (co-founder of Syncracy Capital).