Ion Protocol

Decentralized lending platform that allows users to borrow against any asset that is backed by ethereum validators.

Launch date

2023

Market cap

Enterprise valuation

Chicago Illinois (HQ)

https://www.ionprotocol.io/

https://x.com/ionprotocol

Date	Investors	Amount	Round
Jul 2023*	Ryan Selkis The Picks & Shovels HashCIB SevenX Ventures Anthony Sassano Yuki Yuminaga Smrti Lab Foresight Ventures Builder Capital VC Portal Ventures Everstake Capital Paul Kim Maelstrom Punk DAO Chris Tham Bankless Ventures Maelstrom Fund Breed VC Aleks Larsen Alex W. Catrina Wang Chelsea Jiang Daniel Cheung Daniel Dizion Etienne Vantkruys Jack Sun Marc Weinstein Ryan Watkins Wilson Withiam	$2.0m	Seed
Aug 2024*	NGC Ventures Mike Silagadze gumi Cryptos Capital Richard Malone Collider Ventures Robot Ventures SevenX Ventures Finality Capital Partners Portal Ventures Manifold Trading Maelstrom Chris Tham Bankless Ventures Breed VC Daniel Dizion Azeem Khan Kratik Lodha Amir Forouzani Verity Coltman	$4.8m	Early VC
Total Funding		€6.2m