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​​Movement Labs has closed its $38M funding round led by Polychain Capital

Movement Labs, a blockchain company that aims to bring Facebook's Move Virtual Machine to Ethereum, announces the closure of its $38M Series A funding. The round also featured participation from Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs. The firm develops Movement L2, a new layer-2 Ethereum blockchain based on the Move programming paradigm.

👉🏻 coindesk.com/tech/2024/04/25/movement-labs-raises-38m-for-rollup-based-on-facebooks-move-language

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2.28K viewsedited  Apr 25, 2024 at 15:12

​​Movement Labs has closed its $38M funding round led by Polychain Capital

Movement Labs, a blockchain company that aims to bring Facebook's Move Virtual Machine to Ethereum, announces the closure of its $38M Series A funding. The round also featured participation from Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs. The firm develops Movement L2, a new layer-2 Ethereum blockchain based on the Move programming paradigm.

👉🏻 coindesk.com/tech/2024/04/25/movement-labs-raises-38m-for-rollup-based-on-facebooks-move-language

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