ILITY Secures $2 Million Funding to Advance Web3 Cross-Chain Identity Mission
ILITY has successfully raised $2 million at a valuation of $21 million, with Animoca Brands and Duck DAO leading the investment round. According to ChainCatcher, this funding marks a significant milestone in ILITY's mission to redefine cross-chain identity and data sovereignty within the Web3 space. The project is developing a high-performance Layer-1 blockchain based on zero-knowledge proofs (ZKP) to enable secure cross-chain data verification while safeguarding sensitive information. 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.
Source: CoinLive The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments