Svmuu, Svmuu reported 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 from this round 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 behaviors through zero-knowledge proofs while maintaining wallet address privacy.