⚡️ @Movementlabsxyz joins Polygon’s AggLayer amid the launch of its public test network
Movement Labs has announced an integration with @0xPolygon's AggLayer that coincides with the launch of its public testnet, Parthenon. Under this integration, Movement becomes the first Move-based ecosystem to utilize the AggLayer and help bridge the gap between the Move and EVM ecosystems. The firm also claims that its testnet has already attracted $160M in committed TVL ahead of its mainnet deployment which is set to go live later this year.
Back in spring 2024, Movement secured a $38M funding led by Polychain Capital and an undisclosed investment from @BinanceLabs. Movement aims to build an ecosystem of modular Move-based blockchains, starting with Move Virtual Machine Layer 2 for #Ethereum.
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