ILITY Completes $2 Million Seed Round Led by Animoca Brands

Odaily reports that ILITY has announced the completion of a $2 million seed round at a valuation of $21 million, led by Animoca Brands, with participation from DAO Duck and others.

The funds will primarily be used to accelerate protocol development and expand ecosystem partnerships.

The project aims to build a Layer 1 blockchain protocol focused on private cross-chain verification, enabling trustless verification of holdings and activities through zero-knowledge proofs while maintaining wallet address privacy.