Movement Labs is about to complete a $100 million Series B financing, with a valuation of $3 billion.

Movement Labs is expected to complete a $100 million Series B funding round, with a valuation of approximately $3 billion. It is reported that this round of financing is co-led by two well-known investment institutions and is expected to be completed by the end of January. Investors will receive a combination of equity and tokens primarily in the form of tokens.

Exclusive Reveal of Move Financing Controversies, A Step-by-Step Guide to Ambushing Phase 2 Airdrop

This news has sparked widespread discussion in the market. Some are concerned whether this means that the project team is selling tokens at a discount off the market, or whether it will affect airdrop distribution. In fact, it is common practice for crypto projects to raise funds after the token generation event (TGE), with the aim of bringing in more long-term partners. Although the valuation obtained by new investors may seem lower, their tokens are usually locked for a long period, which will not affect the original token release plan.

Moreover, the tokens purchased by new investors usually come from the portion held by the project team or foundation, rather than from the community allocation. Therefore, this round of financing will not affect community interests or airdrop distribution. This move by Movement is likely to introduce more valuable partners to the ecosystem, laying the foundation for future development.

Exclusive Reveal of Move Financing Doubts, a Step-by-Step Guide to Ambush the Second Phase Airdrop

The leading investor in this round of financing has a strong background and strength. One of them was established in 2015 and has invested in over 100 projects, including several well-known blockchain projects. This institution not only provides financial support but also helps projects achieve long-term development through strategic guidance and industry resources. The other investor is the digital asset division of a top global hedge fund, managing hundreds of billions of dollars in assets, covering various institutional investors.

This round of financing reflects Movement's strategic layout: on one hand, it gains support from resource-based Web3 institutions to jointly develop the ecosystem; on the other hand, it seeks support from traditional financial institutions to prepare for future entry into the mainstream financial market.

For community members, these developments are positive news. Currently, the main ways to participate in the Movement ecosystem include:

  1. Complete the Galaxy Mission: Although the first round of airdrops did not include Galaxy Points, the officials have stated that these points will be useful in the future, possibly related to the second round of airdrops. Users can accumulate points by checking in and participating in various activities.

Exclusive Reveal of Move Financing Controversy, A Step-by-Step Guide to Ambushing Phase 2 Airdrop

  1. Participate in Kaito-MOVE Interaction: Movement has officially settled on the Kaito platform and announced that it will airdrop to Kaito users. Specific rules will be announced in the coming weeks. Users are encouraged to create more original content related to Move and interact with official accounts, founders, and well-known community users.

Exclusive Reveal: Move Financing Controversy, A Step-by-Step Guide to Ambushing Phase 2 Airdrop

As the project continues to develop, community members should keep an eye on official updates, actively participate in ecosystem building, and prepare for possible opportunities in the future.

MOVE-4.35%
KAITO-4.1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Share
Comment
0/400
MidnightGenesisvip
· 17h ago
The money is in place, let's get to work.
View OriginalReply0
AltcoinAnalystvip
· 17h ago
Data needs to be examined carefully.
View OriginalReply0
Layer2Observervip
· 17h ago
The potential is very great.
View OriginalReply0
RektButStillHerevip
· 17h ago
The valuation is a bit outrageous.
View OriginalReply0
WhaleWatchervip
· 17h ago
Note the Airdrop details table
View OriginalReply0
BearMarketSurvivorvip
· 17h ago
The truth about investment has finally been revealed.
View OriginalReply0
ForkTroopervip
· 17h ago
The underlying chain is gaining momentum.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)