Work Here?
About Movement Labs
Industries
Data & Analytics
Crypto & Web3
Company Size
11-50
Company Stage
Series A
Total Funding
$40.3M
Headquarters
New York City, New York
Founded
2022
Overview
Company Does Not Provide H1B Sponsorship
Movement Labs enhances blockchain technology by focusing on the Move programming language. It provides a range of tools and infrastructure, including the Movement SDK, Movement CLI, Fractal, Hyperlane messaging infrastructure, and the Movement Shared Sequencer, which facilitate interoperability among various blockchain networks. The company is also developing two blockchain networks: M1, a community-first blockchain with high transaction speeds and instant finality, and M2, the first Move Layer 2 solution on Ethereum, aimed at improving transaction processing efficiency. Movement Labs operates by offering its tools and infrastructure as a service, likely generating revenue through subscription fees, licensing, or transaction fees. The company prioritizes inclusivity and community engagement, encouraging collaboration among developers and blockchain projects through platforms like Telegram and Discord.
Simplify's Take
What believers are saying
- Strategic partnerships with Sentimint and Vanar Chain expand Movement Labs' ecosystem.
- Successful $100M Series B funding round boosts capital for development and expansion.
- Developer Mainnet and Public Mainnet Beta lay strong foundations for DeFi applications.
What critics are saying
- MOVE token's price volatility may affect investor confidence and market stability.
- Integration of Novastro's Layer 2 blockchain could pose compatibility or security issues.
- Rapid expansion and high valuation may attract regulatory scrutiny and growth challenges.
What makes Movement Labs unique
- Movement Labs enhances blockchain with the Move programming language, promoting interoperability.
- Their Movement SDK and CLI tools simplify blockchain development for various networks.
- M1 and M2 networks offer high TPS and Ethereum Layer 2 solutions, respectively.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$40.3M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 46%2 year growth
↑ 64%Through a strategic partnership with Movement Labs, Sentimint is launching a first-of-its-kind blockchain-powered emotional memory ecosystem - where every cherished moment is transformed into an interactive, secure, and privately owned digital legacy, seamlessly integrated into users' daily lives.
The Movement Network Foundation, the organization dedicated to fostering innovation and advancing the adoption of MoveVM technology, today announced the deployment of Movement Developer Mainnet, advancing its public mainnet journey. This phase continues the momentum from December’s initial mainnet release and establishes the foundation for Movement’s Public Mainnet Beta, scheduled for launch in mid-February.As part of this milestone, Movement Network Foundation also announced Cornucopia, a multi-asset liquidity campaign launching alongside Public Mainnet Beta. This comprehensive liquidity program aims to accelerate ecosystem growth by providing the essential foundation for DeFi applications, enabling deeper market efficiency, and fostering increased protocol adoption from day one.Developed in partnership with Concrete XYZ and Veda Labs, the program will feature several specialized vaults: The BTC vault will feature Lombard, Lorenzo BTC, SolveBTC. The ETH vault will feature EtherFi and Renzo (ezETH). The $MOVE vault will feature Movement’s liquid staking protocols, Thunderhead, Movernance and Meridian. Anchoring the program is a $100M Ethena stable vault, demonstrating significant institutional commitment to Movement’s DeFi ecosystem.On December 9, 2024, Movement Network’s initial mainnet beta launched with limited functionality, including permissioned smart contracts and commemorative NFTs
The Movement Network Foundation, the organization dedicated to fostering innovation and advancing the adoption of MoveVM technology, is firing up its mainnet for blockchain apps including games.The group announced today the deployment of Movement Developer Mainnet, advancing its public mainnet journey. This phase continues the momentum from December’s initial mainnet release and establishes the foundation for Movement’s public mainnet beta, scheduled for launch in mid-February.At the core of the effort is MoveVM, a new blockchain virtual machine that capitalizes on the Move programming language. This language’s resource-oriented programming paradigm treats digital assets as unique entities. That enhances transactional integrity and prevents duplication. MoveVM’s inception marks a significant shift towards a blockchain infrastructure that is not only secure but also inherently organized and efficient, the group has said. Web3 games are among the target apps for the tech.Movement Labs is the underlying tech behind a network of Move-based blockchains
Through its integration with Movement, Novastro will develop a Layer 2 blockchain supporting both Move and Solidity smart contracts.
Movement Labs, a blockchain startup, is nearing a $100 million Series B funding round, potentially raising its valuation to $3 billion. The round is co-led by CoinFund and Nova Fund, part of Brevan Howard's digital assets division, and is expected to close by January 2025. Founded in 2022, Movement Labs previously raised $38 million in April 2024. Investors will receive equity and MOVE tokens, which launched in December 2024 and have a current market cap of $2 billion.
There are no jobs for Movement Labs right now.
Find jobs on Simplify and start your career today
About Movement Labs
Industries
Data & Analytics
Crypto & Web3
Company Size
11-50
Company Stage
Series A
Total Funding
$40.3M
Headquarters
New York City, New York
Founded
2022
There are no jobs for Movement Labs right now.
Find jobs on Simplify and start your career today