Binance Labs invests in Movement Labs to enhance #Ethereum with smart contract security and parallelization capabilities.

#BinanceLabs invests in #MovementLabs in addition to $38M raised in the Series A round. Raised funds Movement Labs will use to bring Facebook's Move Virtual Machine to Ethereum. This project aims to address smart contract vulnerabilities and enhance transaction throughput via the Movement zero-knowledge #Layer2 blockchain.

Movement Labs will support Sui Move, Aptos Move, and an integrated EVM interpreter MEVM, enabling users of Sui, Aptos, and EVM to access L2 functionality.

👉 binance.com/en/blog/ecosystem/binance-labs-invests-in-movement-labs-to-bring-smart-contract-security-and-parallelization-to-ethereum-116269849788036189