Movement Labs is the latest company that the investment arm of the cryptocurrency exchange Binance has invested in although the amount was not shared. Blockchain development firm Movement Labs has received an undisclosed investment from Binance Labs, the venture capital arm of Binance, the world’s largest cryptocurrency exchange. This investment comes on the heels of Movement Labs’ $38 million Series A funding round led by Polychain Capital. Movement Labs is on a mission to build an ecosystem of blockchains based on the modular programming language Move, starting with “M2”, a Move Virtual Machine Layer 2 for Ethereum.