MovementWraps closes $100 million investment round... joins the unicorn ranks

MovementWraps, a company developing the Ethereum Layer 2 blockchain, is reportedly set to close a $100 million investment round.
According to foreign media on the 8th (local time), Movement's corporate value was estimated at approximately $3 billion (approximately 474.5 billion yen) in this investment round.
Movement Labs has joined the ranks of blockchain "unicorns" (startups valued at over $1 billion).
Prior to this, Movement Wraps acquired Polychain Capital last year.
The company previously secured $38 million in a Series A investment round led by Ethereum. In Korea, the crypto asset "MOVE" was listed on a major exchange, drawing attention.