Modular blockchain network Movement Labs has completed a $3.4 million Pre-Seed funding round, led by Varys Capital, dao5, and others

ChainCatcher news, the modular blockchain network Movement Labs based on the Move language has announced the completion of a $3.4 million Pre-Seed funding round, led by Varys Capital, dao5, Blizzard The Avalanche Fund, Borderless Capital, and their cross-chain fund focused on the Wormhole ecosystem, with participation from Colony, Interop Ventures, Elixir Capital, BENQI, as well as George Lampeth from dao5, Calvin Liu from Eigenlayer, Smokey The Bera from Berachain, Anurag Arjun from Avail, CoinFlipCanada from GMX, and co-founder of Ankr.

Movement Labs also announced the launch of the Movement SDK, which provides a secure and high-performance Move environment to the blockchain ecosystem.