Blockchain startup Movement Labs is finalizing a $100 million Series B funding round, targeting a $3 billion valuation. Led by CoinFund and Nova Fund, the round combines equity and Movement’s MOVE token. The company previously raised $38 million in April 2024. Movement Labs focuses on enhancing Ethereum’s smart contract security and scalability through a zero-knowledge layer 2 network. Despite the funding news, the MOVE token fell 15% to $0.88. The capital will support product expansion, hiring, and Asia-Pacific growth. This raise reflects renewed institutional confidence in crypto startups amid easing regulations, macroeconomic shifts, and growing venture capital interest.