Movement Labs

2/ Backers Movement Labs raised $38M in a Series A funding round led by Polychain Capital. Summary Raised $41.4M From Tier-1 Ventures and Backers https://t.co/zmnm0MXhDk

Movement, backed by Trump’s World Liberty Financial, had raised $38M and was rumored to be closing a $100M series B round. Instead, the layer-2 blockchain is now at the center of an insider-dealing scandal that has exposed a seedy corner of crypto deal-making.

@0xCircusLover bro shreyansh, i am not an advisor to any of the projects you mentioned and not a shadow founder of anything. I have two small checks in the seed round and series a of movement and 50-60 other projects and very disappointed by the news. I support sam for doing real journalism

Exhibit 1: Movement's pre-seed raised 3.4m at a 20m valuation, giving away 17% of the company to investors. https://t.co/nTTKExLpP4

4/ Recent Milestones Raised $1.2M in a seed round led by Woodstock to build on Movement Labs’ Move ecosystem. Secured $100M from Web3Port Foundation to boost liquidity for $RUSD and RWA pairs. Testnet hit $25M+ TVL with 400K+ users!

Movement Labs raised $3.4M in pre-seed funding in 2023, followed by a massive $38M Series A round in April 2024 led by Polychain Capital, with participation from Binance Labs, OKX Ventures, Hack VC, and more. This level of backing reflects deep institutional belief in Movement’s https://t.co/yiaRDPCXXO