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BTC $62,775.10 -1.23%
ETH $1,874.15 -0.34%
BNB $604.11 -0.96%
XRP $1.00 -0.41%
SOL $75.45 -0.26%
TRX $0.3331 -0.13%
DOGE $0.0693 -1.08%
ADA $0.1795 -2.69%
BCH $205.25 -3.69%
LINK $8.80 +0.61%
HYPE $56.59 -1.35%
AAVE $86.52 -2.56%
SUI $0.6760 -1.66%
XLM $0.1587 -1.24%
ZEC $486.75 -1.41%

ILITY secured $2 million in funding, co-led by Animoca Brands and Duck DAO

2026-04-23 22:18:56

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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