Recently, the liquidity protocol Ion Protocol announced the successful closing of a $4.8 million funding round, bringing its total funds raised to $7 million. The funds were provided by several renowned investment firms including Gumi Capital Cryptos, Robot Ventures, BanklessVC, NGC Ventures, Finality Capital, and SevenX Ventures. The raised capital will be utilized to support and develop Nucleus, an in-house yield platform. This platform aims to address issues of aggregation and monetization on summary and application chains, with the potential to foster more innovative decentralized application use cases within the Ion Protocol ecosystem. This funding round marks a significant step for Ion Protocol in advancing decentralized solutions in the financial domain.