Movement Labs Raises $100 Million at a $3 Billion Valuation

On January 8, according to a report from Fortune magazine, Movement Labs is about to complete its Series B funding round, aiming to raise $100 million. This funding round will push Movement's valuation to around $3 billion.

Information from sources indicates that this funding round will be led by CoinFund and Nova Fund. One source said that investors will receive a combination of equity and Movement's Move Token, but the focus will be on the Token. This funding round is expected to be completed before the end of January.