iON Energy has secured funding under the $100M accelerator fund set up to boost the Binance Smart Chain ecosystem. This fund supports projects that aim to connect and better synergize decentralized and traditional finance (DeFi and TradFi) in order to strengthen the entire blockchain industry.
Binance’s accelerator fund is a natural fit for iON Energy, which is building the future of finance by bridging the gap between the two spaces. The project is focused on providing regulated financial entities around the globe with a gateway to enter the rapidly expanding DeFi sector and increase the opportunities for both TradFi products and emerging digital financial solutions.
iON Energy will launch on Binance Smart Chain in early 2022, and will continue to support the chain with all future product releases. As a part of the fund, iON Energy will benefit from exposure to the fast-growing Binance Smart Chain community.
The fund highlights Binance’s desire to support the DeFi ecosystem and facilitate a more open dialogue with traditional markets. As a member of the London Stock Exchange Group’s Partner Platform, and with ties to global institutions, iON Energy will work to further support Binance Smart Chain with traditional investors, as it continues to create new ways for TradFi and DeFi to interact, opening up new and bigger opportunities for everyone.