What Textile does

Textile was a decentralized lending protocol building programmable infrastructure for private credit markets. The protocol enabled fintech lenders, institutions, and individuals to tokenize debt pools through a no-code interface, producing ERC-20 compliant Debt Tokens that encoded structured credit product features—including waterfalls, covenants, seniority, and reserves—as smart contracts. The platform was positioned as the first live component of a broader roadmap to transform the traditional credit supply chain, targeting inefficiencies in capital aggregation, verification, and distribution associated with an estimated $8 trillion global credit gap. Revenue mechanics were tied to protocol and tokenization service fees, though specific pricing was not publicly disclosed.

In 2025, Textile merged with 3Box Labs to form Recall, a decentralized platform for autonomous AI agents to store, share, and verify knowledge on-chain. Recall launched its public testnet in March 2025 and grew to over 1.4 million users across 11 markets, with the platform supporting 155,000 AI solutions. In February 2026, the no-code debt tokenization feature launched as part of the merged entity's roadmap, indicating continued commitment to the programmable credit thesis alongside the AI agent knowledge platform.

The combined entity raised over $42 million from prominent venture capital firms and debuted its RECALL token on Coinbase's Base Layer 2 network on October 15, 2025, with 1 billion total supply and 200 million tokens initially available. Distribution runs through Coinbase's Base L2 ecosystem and token-based community mechanisms, with token holders able to crowdfund AI tools, reward developers, and vote on protocol upgrades. The primary customer segments are horizontal—fintech lenders, institutional investors, individual investors for credit tokenization, and developers building AI agent solutions for the knowledge platform.

Note: The input data exhibits entity-name conflict—the firmographic header describes "Textile" as Textile World magazine (1–10 employees, Marietta, USA, founded 1999), while the substantive strategic and funding data describes the decentralized protocol that merged with 3Box Labs to form Recall. This analysis treats the decentralized protocol as the operative investment subject.

Name

Textile

Legal name

Textile Industries Media Group, LLC

Website

https://textileworld.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Textile was a decentralized lending protocol offering no-code tokenization for private credit. In 2025, it merged with 3Box Labs to form Recall, a platform enabling AI agents to store and verify knowledge on-chain, serving users across 11 markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Marietta

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Protocol Fees / Tokenization Services: The protocol enables tokenization of debt pools, likely generating revenue through transaction fees or service charges for enabling programmable private credit on-chain

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Textile World is a B2B trade magazine and online publication operated by Textile Industries Media Group, LLC, providing news, editorial content, and industry information about the global textile industry. It serves textile manufacturers, machinery suppliers, industry associations, and allied professionals through its website textileworld.com and associated digital distribution channels.

Product overview

Textile World is a single unified online publication and digital platform serving the textile industry. The platform provides news coverage, industry insights, and resources across multiple textile sectors including breaking news, business and financial analysis, fiber world, nonwovens, technical textiles, sustainability, knitting/apparel, weaving/spinning, and trade associations. The offering consists of the main website with categorized news sections, a digital issues archive, career center, innovation forum, and event calendar.

Differentiator

Problem solved

Functional benefit

Products and services

• Textile World Website Online news publication at textileworld.com providing textile-industry news, editorial content, association coverage, machinery updates, and sustainability reporting for textile industry professionals and B2B advertisers.

Quantifiable outcome

• Addressing estimated $8 trillion global credit gap caused by inefficiencies in capital aggregation, verification, and distribution

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Coinbase (Base Layer 2)coreTechnology or Integration · 15 October 2025Recall (formed from merger of Textile and 3Box Labs) launched its RECALL token on Coinbase's Base Layer 2 network with 1 billion total supply and 200 million tokens initially available at launch

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Sourcing Journal: Digital-first B2B media publication covering the textile, apparel, and sourcing industries. Closely comparable to Textile World in target audience (industry executives) and editorial scope (fiber, fabric, manufacturing, sustainability).
• Just-Style: B2B trade publication providing news and analysis on the global apparel and textile industry. Comparable in serving textile/apparel manufacturing decision-makers with paid subscription intelligence.
• Fibre2Fashion: Global B2B portal serving the textile, apparel, and fashion industry with news, market data, and trade directories. Comparable in covering the full textile value chain with advertising and subscription monetization.
• Ecotextile News: Trade publication focused on sustainable textile manufacturing and environmental issues in the industry. Comparable in serving textile manufacturers with specialized editorial coverage.
• Innovation in Textiles: B2B media outlet covering technical textiles, smart textiles, and textile innovation. Comparable niche B2B trade media serving the textile manufacturing ecosystem.
• Apparel Resources: B2B trade media platform covering the global apparel and textile manufacturing industry with news, analysis, and industry resources. Comparable in serving textile/apparel manufacturers with subscription and advertising-supported content.

Broad incumbents

• WWD (Women's Wear Daily): Established B2B trade publication serving the broader apparel and fashion industry. Comparable B2B media model but operates at significantly larger scale and covers downstream retail/fashion rather than textile manufacturing specifically.
• Informa Markets (textile division): Large B2B media and events conglomerate that owns numerous textile trade publications and runs major industry shows (e.g., Techtextil). Comparable as an incumbent player with both media and event properties in the textile vertical.

Regional players

• Textile Today: B2B textile industry publication primarily serving the Bangladesh and South Asia textile manufacturing ecosystem. Comparable editorial model and target audience but with regional rather than global geographic focus.

Emerging players

• Sourcing Network: Emerging digital platform providing textile and apparel sourcing intelligence and supplier directories. Comparable in addressing textile industry information needs but with a more transactional/sourcing-tool orientation than pure editorial.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/textileworldmag
• YouTubeyoutube.com/watch?v=iw4mS-gp0JE
• LinkedInlinkedin.com/company/about

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Textile