Movement Labs Raises $38 Million in Series A to Bring Facebook's Move to Ethereum
The funding will support the company's mission to bring Facebook's Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput.
- The funding will support the company's mission to bring Facebook's Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput.
- Movement Labs' "Integrated Approach" combines modular elements to create a more secure & performant Ethereum ecosystem.
- Founded in 2022, Movement Labs aims to tackle the prevalent smart contract vulnerabilities within the Ethereum ecosystem while introducing a novel execution environment designed for 30,000+ transactions per second (TPS).
- For more information about Movement Labs and a guide to participate in the devnet, please visit: movementlabs.xyz , follow on X @movementlabsxyz and on Discord .