Movement Labs, a San Francisco-based software developing team building a layer-2 blockchain on Ethereum, is close to wrapping up its Series B funding round with a target of $100 million ...

Decentralized physical infrastructure networks (DePIN) must overcome the lack of a cohesive narrative to reach mass adoption, ...

Blockchain Firm Movement Labs Targets $3 Billion Valuation in Funding Round, Source Says By Niket Nishant (Reuters) -Movement Labs is raising fresh capital in a round that could fetch $100 million ...

Movement Labs, the developer of a layer 2 blockchain for Ethereum based on Facebook’s Move language virtual machine, is reportedly raising $100 million in a Series B round that will value the ...

Movement Labs, known for its layer-2 blockchain solution on Ethereum, has seen major growth since its founding in 2022 by Vanderbilt University dropouts Cooper Scanlon and Rushi Manche.

Jan 8 (Reuters) - Movement Labs is raising fresh capital in a round that could fetch $100 million and value the blockchain developer at $3 billion, according to a source familiar with the matter ...

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...

The round would value Movement around $3 billion, according to one of the sources. Crypto prices have soared since the election of Donald Trump in November, who has vowed to take a friendly ...