L1 Blockchain ILITY Completes $1M Institutional Funding Round with Archer Capital and TBV

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The L1 blockchain ILITY has closed a $1 million project funding round led by Archer Capital and TBV to expand its Agent ecosystem. The funds will support the launch of the AI Agent economy, with the ILITY Network providing on-chain identities, machine-to-machine (M2M) payments, and a cross-service reputation system. The native $ILY token is used for gas and settlement. Previous rounds were backed by Animoca Brands, DuckDAO, UZ Capital, and Vega Ventures, demonstrating continued institutional adoption.

HuoXing Finance reports that, according to official announcements, the L1 blockchain ILITY has secured a $1 million investment from Archer Capital and TBV to accelerate its expansion into the Agent ecosystem. The AI Agent economic ecosystem of ILITY is set to launch soon, with this round of funding primarily directed toward deepening development in this emerging sector. ILITY Network is infrastructure designed for the AI Agent economy, providing verifiable on-chain identities for autonomous AI agents, real-time machine-to-machine (M2M) payment settlement between agents, and a reputation system based on verifiable on-chain履约 records that can be carried across services; its native token, $ILY, serves as the gas and settlement currency within this ecosystem. Previously, the project’s prior funding round received support from institutions including Animoca Brands, DuckDAO, UZ Capital, and Vega Ventures.

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