ILITY has secured $2 million in funding at a $21 million valuation, with Animoca Brands and Duck DAO leading the investment round. The funding will support ILITY's development of a high-performance Layer-1 blockchain utilizing zero-knowledge proofs (ZKP) to enhance cross-chain data verification while maintaining privacy. This investment aims to accelerate protocol development, expand ecosystem partnerships, and solidify ILITY's role as a foundational infrastructure for Web3.