On September 24, Meridian Money successfully raised $4 million in a seed round co-led by Parafi Capital and Borderless Capital to catalyze decentralized finance (DeFi) on the Movement Labs platform. The Move ecosystem, driven by Movement Labs, has seen significant activity with early movers such as Up Network, zkHelix Labs, Xebra Trade, SKIPPnScore, and Curvance gaining traction. This funding aims to further fuel the expansion and innovation within the Move DeFi ecosystem.
One of the best ways to gauge the quality of an ecosystem is how many venture backed teams are building in it. The @movementlabsxyz eco has been cooking hard lately. Pay attention https://t.co/MV4j47Ttzt
When the private equity vultures start making moves, the pace of innovation clearly matters far less than squeezing every ounce of profit from an incumbent. This is why we invest in next-generation open source platforms like @planepowers, @nocodb and @appflowy. https://t.co/H9a9NK6pyK
The move ecosystem is humming, reignited by @movementlabsxyz and honestly remarkable to watch early movers turning heads: @upnetworkhq @meridian_money @zkhelixlabs @xebratrade @Curvance @SKIPPnScore @mosaicagg @buildnexio @lyncworld @brktgg market expansion in the flesh