---
title: "Ethereum L2 Movement Labs raises $38M for Move-EVM adoption"
url: https://diffcoin.com/ethereum-l2-movement-labs-raises-38m-for-move-evm-adoption/
description: "Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the…"
published: 2024-04-25
updated: 2024-04-25
author: "Mila"
site: "Diffcoin"
---

# Ethereum L2 Movement Labs raises $38M for Move-EVM adoption

Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.

[Source link](https://cointelegraph.com/news/ethereum-l2-movement-labs-38m-move-evm-adoption)