San Francisco-based blockchain development firm Movement Labs has secured an undisclosed investment from Binance Labs, the venture capital arm of the world’s largest crypto exchange, Binance.
Movement aims to build an ecosystem of modular Move-based blockchains, starting with “M2” — a Move Virtual Machine Layer 2 for Ethereum, according to a statement shared with The Block. " support and expertise will be invaluable as we continue to execute our ‘Move Everywhere’ strategy, starting with a focus on the vibrant and innovative APAC market," Movement Labs co-founder Rushi Manche said. “By empowering and collaborating with the talented Move developers in the region, we aim to accelerate the adoption of Move and unlock new possibilities for the entire ecosystem.
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