⚡️ @Movementlabsxyz $MOVE is set to close $100M funding led by @Coinfund_io & @BHDigitalAssets

Movement Labs is close to wrapping up its $100M Series B funding round at an approximate valuation of $3B. The latest round will be co-led by CoinFund and Nova Fund, part of hedge fund Brevan Howard’s digital assets arm. Investors will receive a combination of equity and Movement’s proprietary #MOVE token. The project has previously secured $38M in funding led by @Polychain and an undisclosed investment from @BinanceLabs. Movement develops an ecosystem of modular Move-based blockchains, starting with Move Virtual Machine Layer 2 for Ethereum.

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