Taisu Ventures and Movement Labs Announce Strategic Partnership to Drive Web3 Ecosystem Growth Across Asia

George Town, Cayman Islands, October 11th, 2024, Chainwire

Taisu Ventures, a leading Web3 venture capital firm, is excited to announce its strategic partnership with Movement Labs, a pioneering blockchain technology company. This collaboration aims to promote innovative blockchain solutions and expand the Web3 ecosystem across key Asian markets such as Japan, Singapore, and Hong Kong.

Movement Labs is developing the Movement Network, a next-generation blockchain ecosystem that leverages the Move programming language to create more secure, efficient, and interoperable blockchain applications. This partnership will focus on introducing Movement Labs' technology to a broader audience of developers, startups, and investors in the Web3 space through a series of educational and networking events.

Partnership Highlights:

Ecosystem Expansion: Taisu Ventures and Movement Labs will co-host a variety of events aimed at showcasing Movement Labs’ blockchain technology and attracting new talent. These initiatives will include online and in-person events that connect Web3 developers with opportunities to build on the Move programming language, offering a dynamic environment for innovation.
Promoting Innovation: Through this collaboration, both companies will nurture the next generation of Web3 builders by providing platforms for developers to showcase their projects, receive feedback, and engage with the larger blockchain community.
Joint Efforts to Drive Adoption: The partnership will focus on driving the adoption of Move-based technologies by organizing workshops, hackathons, and strategic events across Asia. These initiatives will strengthen the position of Movement Labs as a key player in the Asian Web3 landscape.

Taisu Ventures and Movement Labs are committed to working together to promote Move-based blockchains and provide resources and support for developers looking to build the next generation of decentralized applications. By fostering collaboration and innovation, this partnership aims to expand the reach of blockchain technology throughout Asia.

About Taisu Ventures

Taisu Ventures is a Web3 venture capital firm with strong expertise in both finance and Web3. The firm has invested in over 80+ early-stage tech startups globally, building blockchain technologies across all chains in gaming, user platforms, DeFi, and infrastructure, and is actively investing in more. With a global outreach and presence in the US, Europe, and Asia, Taisu Ventures is deeply connected with Web3 communities and remains committed to fostering the next generation of blockchain innovation. For more information about Taisu Ventures, users can visit https://www.taisu.io, follow @Taisu_Ventures on X and LinkedIn.

About Movement Labs

Movement Labs is the innovative force behind the Movement Network, an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems. The organization is developing the first Move Virtual Machine L2 for Ethereum, alongside open-source tooling and protocols to facilitate the adoption of the Move programming language across blockchain ecosystems. With Movement, developers can launch high-performance Move VM rollups with ease. Backed by $38 million in Series A funding led by Polychain Capital, with participation from Binance Labs, Hack VC, Placeholder, OKX Ventures and Archetype, Movement Labs aims to revolutionize blockchain interoperability and advance Move-based technologies in the Web3 space. For more information about Movement Labs, users can visit https://movementlabs.xyz, follow @movementlabsxyz on X and join Movement Labs’ Discord.