Renewed Investor Confidence Sparks Funding Boom in Crypto Sector
The crypto industry is experiencing a surge of investor interest, marked by significant funding rounds and strategic moves that hint at a market rebound.
Movement Labs, SoSoValue, and a potential acquisition of FTX’s EU business have captured headlines this week, showcasing the sector’s evolving dynamics as regulatory clarity and market stability rekindle optimism.
Movement Labs, a blockchain development firm based in San Francisco, is nearing the completion of a $100 million Series B funding round, according to a report by Fortune on Wednesday, citing sources familiar with the deal. Led by CoinFund and Brevan Howard, the raise positions Movement Labs for a $3 billion valuation. The funds will fuel infrastructure enhancements,…
