Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

Movement Labs eyes $100 million in fresh capital, $3 billion valuation

admin by admin
January 8, 2025
in Stock
0
Movement Labs eyes $100 million in fresh capital, $3 billion valuation
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

Investing.com — Blockchain developer, Movement Labs, is reportedly seeking to raise $100 million in a new funding round that could value the company at $3 billion, according to a report by Reuters. The Series B round is led by CoinFund, a cryptocurrency-focused investor, and includes participation from the digital asset division of London-based Brevan Howard.

Movement Labs’ quest for fresh capital comes a year after the company secured $38 million in its previous funding round. The funds from the current round are expected to be utilized to enhance its product, increase its presence in the Asia Pacific region, and recruit additional team members.

The company, established in 2022 by Cooper Scanlon and Rushi Manche, both dropouts from Vanderbilt University, is committed to developing a more accessible, fast, and convenient blockchain. Moreover, Movement Labs launched its own native token just last month.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

Previous Post

Futures higher, Exxon Mobil flags hit to Q4 earnings – what’s moving markets

Next Post

Futures pare losses after soft private payrolls data

admin

admin

Next Post
Futures pare losses after soft private payrolls data

Futures pare losses after soft private payrolls data

Trending News

India’s central bank urges banks to deploy AI to combat consumer complaints

India’s central bank urges banks to deploy AI to combat consumer complaints

March 18, 2025
Thames Water hit with record £123m fine by Ofwat for pollution and dividend payouts

Thames Water hit with record £123m fine by Ofwat for pollution and dividend payouts

May 28, 2025
Direct Line up 38% after rejecting Aviva’s £4.1B takeover bid: here’s what analysts think about it

Direct Line up 38% after rejecting Aviva’s £4.1B takeover bid: here’s what analysts think about it

November 28, 2024
Subscribe to Insightful Word


    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025
    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    August 28, 2025
    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    Urban Outfitters stock slides 4% despite strong quarter on cautious outlook

    August 28, 2025

    Recent News

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in

    August 28, 2025
    SentinelOne stock price forecast ahead of earnings: buy or sell?

    SentinelOne stock price forecast ahead of earnings: buy or sell?

    August 28, 2025

    Latest News

    • Nvidia shares fall on China sales exclusion, weaker data center sales: analysts weigh in
    • SentinelOne stock price forecast ahead of earnings: buy or sell?
    • Tesla wants millions of robotaxis by 2025, but will Waymo win the long game?

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.