Binance Labs Investment Transforms Movement Labs’ Expansion Plans

Wednesday, 1 May 2024, 15:00

Binance Labs has recently invested in Movement Labs, pushing its mission to bring Facebook's Move protocol to Ethereum and other platforms forward. This investment, combined with the $38 million raised in its Series A round, marks a significant milestone for Movement Labs in advancing its technological ambitions. The collaboration between Binance Labs and Movement Labs is set to pave the way for greater integration and adoption of Move on Ethereum and beyond.
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Binance Labs Investment Transforms Movement Labs’ Expansion Plans

Investment Boosts Collaboration

Movement Labs has proudly announced an investment from Binance Labs, further propelling its ambition to bring Facebook's Move protocol to Ethereum and beyond. This enhancement comes in conjunction with the $38 million successfully raised in its recent Series A funding round.

Strategic Partnership for Technological Advancements

  • Enhancing Integration: The tie-up between Binance Labs and Movement Labs aims to bolster the integration and adoption of Move across various platforms.
  • Technological Innovation: This collaboration signifies a significant milestone in advancing technological innovations within the blockchain space.

With Binance Labs' investment and support, Movement Labs is well-positioned to lead the way in expanding the utility and reach of Move across different ecosystems.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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