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Raman fingerprints of fractionalized Majorana excitations in honeycomb iridate Ag$_3$LiIr$_2$O$_6$

We report low-temperature (down to $\sim$5 K) Raman signatures of the recently discovered intercalated honeycomb magnet Ag$_3$LiIr$_2$O$_6$, a putative Kitaev quantum spin liquid (QSL) candidate. The Kitaev QSL is predicted to host Majorana fermions as its emergent elementary excitations through a thermal fractionalization of entangled spins $S = 1/2$. We observe evidence of this fractionalization in the low-energy magnetic continuum whose temperature evolution harbours signatures of the predicted Fermi statistics obeyed by the itinerant Majorana quasiparticles. The magnetic Raman susceptibility evinces a crossover from the conventional to a Kitaev paramagnetic state below the temperature of $\sim$80 K. Additionally, the development of the Fano asymmetry in the low frequency phonon mode and the enhancement of integrated Raman susceptibilities below the crossover temperature signifies prominent coupling between the vibrational and Majorana fermionic excitations.