TechFlow news, January 8 — According to Fortune, Movement Labs, a development team building on Ethereum Layer 2 blockchain, has announced it is set to close a $100 million Series B funding round at a $3 billion valuation.
The round is co-led by CoinFund and Nova Fund, part of Brevan Howard, and is expected to finalize by the end of January. Investors will receive a combination of equity and Move tokens, with tokens being the primary component. Movement Labs previously raised a $38 million Series A round in April 2024, led by Polychain Capital.




