Milestone for Blockchain: Movement Public Mainet Beta started!

Milestone for Blockchain: Movement Public Mainet Beta started!

The Movement Network Foundation has made an important step in the world of blockchain technology: On March 10, 2025, the public Mainnet Beta was launched with a considerable Total Value Locked (TVL) of $ 250 million from the Cornucopia program. This groundbreaking development enables the permission-free provision of smart contracts and thus ensures the interoperability within the Movement ecosystem, which is based on the unique Move-based blockchain that Ethereum uses. Cooper Scanlon, co-founder of Movement Labs, commented: "The securing of over $ 233 million on TVL shows the trust of the market in Movement and cancel us from many other new networks." The new infrastructure offers immediate liquidity and eliminates the problem of "cold start", a frequent obstacle to new blockchain projects.

first movement ETF requested

In addition to the successful introduction of the Mainnet Beta, the Movement Network Foundation announced that the Rex-Osprey funds submitted an application for the first US Movement ETF. This ETF would enable US investors to invest in the Movement Ecosystem and represents innovative access to the possibilities of blockchain technologies. Rushi some, co-founder of Movement Labs, described the submission as a "historical moment" that could initiate institutional flow to the next generation of blockchain innovation.

With the 正式. Launch of the public Minnet Beta and the ETF registration, the Movement network will set new standards for investments in blockchain. These developments could revolutionize the way traditional investors interact with digital values by enabling them to participate in the blockchain without the complexity of direct token management. For more information about the Public Minnet Beta and the new ETF, interested parties can visit the Movementnetwork.xyz and Movementfdn.xyz website or follow social media, such as @Movementlabsxyz and @Movementfdn on Twitter, such as OTS and Morningstar reported.