L1 Blockchain ILITY completes $1 million institutional round of financing, with participation from Archer Capital and TBV

According to official news, the L1 blockchain ILITY has received a $1 million investment from Archer Capital and TBV to accelerate the layout of the Agent ecosystem. It is reported that ILITY's AI Agent economic ecosystem is about to launch, and this round of funding will mainly be used to deepen this emerging sector.

ILITY Network is an infrastructure aimed at the AI Agent economy, providing verifiable on-chain identities for autonomous AI agents, real-time machine-to-machine (M2M) payment settlements between agents, and a reputation system that can be carried across services based on real on-chain performance records; its native token $ILY serves as the Gas and settlement currency for this ecosystem.

Previously, the project's last round of financing was supported by institutions such as Animoca Brands, DuckDAO, UZ Capital, and Vega Ventures.