According to Foresight News, Echo has completed its Pre-Seed round of financing, with participation from ABCDE Labs, The Spartan Group, Maelstromfund, Selini Capital, Presto Labs, Sats Ventures, Web3Port Labs, Aptos, and Movement Labs. Echo is the Bitcoin liquidity re-pledge infrastructure layer on MoveVM, aiming to introduce BTC liquidity and re-pledge solutions into the Move ecosystem.