ChainCatcher news, according to Zawya, Varys Capital is seeking to raise $75 million for its blockchain innovation-focused equity venture capital fund, which will focus on startups in areas such as DeFi, CeFi, GameFi, Web3 infrastructure, and other emerging technologies.According to crypto data platform RootData, the fund has already invested in several projects in areas such as blockchain, cloud technology, and gaming, including modular blockchain network developer Movement Labs, decentralized derivatives exchange FWX Finance, and Bitcoin sidechain Mintlayer.

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.