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Movement Labs is a ZK-powered SDK for Ethereum roll-ups operating on the Move programming language, aiming to build a network of Move-based blockchains. Its first product is M2, an EVM-compatible Ethereum ZK L2 network with parallel transaction processing, potentially reaching over 160,000 TPS throughput capacity.
On September 13th, 2023, the Movement blockchain startup closed a $3.4M Pre-Seed funding round with participation from Varys Capital, dao5, Blizzard The Avalanche Fund, and many others.