Gate Ventures, Movement Labs, and Boon Ventures Launch $20M Fund To Accelerate Web3 Innovation

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TheNewsCrypto 13h ago

Gate Ventures, Movement Labs, and Boon Ventures Launch $20M Fund To Accelerate Web3 Innovation - TheNewsCrypto

Quick Summary:

Gate Ventures, a global venture capital firm specializing in blockchain; Movement Labs, a leader in Move-based blockchain technology; and Boon Ventures, a prominent investor in emerging tech startups, today announced the establishment of a groundbreaking $20 million fund designed to transform the Web3 space.

As the fund deploys its $20 million, the partners are committed to fostering innovation and driving the Web3 space forward.

Movement Labs develops the Movement Network, an ecosystem of Modular Move-Based Blockchains.