ILITY successfully raised $2 million at a valuation of $21 million, co-led by Animoca Brands and Duck DAO, marking an important milestone in its mission to redefine cross-chain identity and data sovereignty in the Web3 space. The project is building a high-performance Layer-1 blockchain based on zero-knowledge proofs (ZKP) to achieve secure cross-chain data verification while ensuring that sensitive information is not leaked.
The newly acquired funds will accelerate protocol development, expand ecosystem partnerships, and strengthen ILITY's position as a core infrastructure layer for a decentralized future.
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