Movement Labs Unveils Developer Mainnet Ahead of February’s Public Launch

Blockchain firm Movement Labs has deployed a developer mainnet to advance its goal of bringing Facebook (META)’s Move Virtual Machine (MoveVM) to Ethereum.

The developer mainnet’s launch will begin the deployment of Movement’s core infrastructure and allow selected partners to start implementing decentralized finance (DeFi) protocols, according to an emailed announcement on Tuesday.

The release follows the initial mainnet launch of Movement in December and precedes the planned public mainnet beta release next month.

Move was developed as a part of Facebook’s ill-fated digital currency project Diem, which was shelved at the start of 2022. The technology was however used to create the Sui and Aptos layer-1 networks.

Movement Labs, with the help of a $38 million Series A fundinground led by Polychain Capital, is extending the programming language to an Ethereum layer 2 for the first time.

Coinciding with the public mainnet’s deployment, Movement will also unveil a multi-asset liquidity program to provide the foundation for decentralized finance (DeFi) applications.

İlginizi Çekebilir:Strategy Stock Could Climb as New Rival Twenty One Validates Its Bitcoin Strategy
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

Bitcoin Heads to $90K as Crypto Selloff Gathers Steam
Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source
Tom Lee Calls Monday’s Market Plunge a Great Buying Opportunity After AI, Crypto-Led Rout
HyperLiquid Delists JELLY After Vault Squeezed in $13M Tussle
Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments
XRP Keeps Rally Hope Alive as Price Holds 38.2% Fibonacci Level, DOGE Uptrend Ends
Bahiscom Resmi Giriş | © 2025 |
Just a moment...