2024-07-30 23:55:08
Blockchain
Technology

Bridging Move and EVM: Movement Labs Joins Polygon's AggLayer

Movement Labs, a blockchain developer, partners with Polygon's AggLayer to connect Move Virtual Machine with Ethereum blockchain. This collaboration aims to unify liquidity for Move smart contracts, enhancing DeFi interactions.

Polygon Labs' AggLayer creates an aggregation web for Ethereum layer 2s, promoting seamless interoperability. Movement Labs, backed by $38M in Series A funding, strives to boost smart contract security and throughput within the Ethereum ecosystem.

CoinDesk
30. Juli 2024 um 15:00

Move Language Developer Movement Labs Joins Polygon's AggLayer

Cryptocurrencies & blockchain
Technology
Economy
Movement Labs, a blockchain developer aiming to bring Facebook (META)'s Move Virtual Machine (MoveVM) to the Ethereum blockchain, has joined Polygon Labs' AggLayer. The collaboration will enable unified liquidity across layer-2 blockchains written in the Move smart contract language, bridging the gap between Move and EVM ecosystems for decentralized finance (DeFi). Polygon Labs built AggLayer as an "aggregation layer" that can create a web of different Ethereum layer 2s, and has also acquired..
Cointelegraph.com News
30. Juli 2024 um 15:00

Movement Labs joins Polygon Agglayer, bags $160M TVL commitment for mainnet

Cryptocurrencies & blockchain
Technology
Economy
Finance
Movement Labs raised $38M in Series A to build blockchains based on Facebook's Move language, aiming to enhance smart contract security and throughput in the Ethereum ecosystem.
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