20M Fund Launched by Gate Ventures Movement Labs and Boon Ventures to Catalyze Web3 Innovation

Panama, October 14th – The birth of a revolutionary collaboration has been unveiled with the announcement of a pioneering $20 million fund set to revolutionize the realm of Web3. Leading the charge are Gate Ventures, a renowned global venture capital firm specializing in blockchain, alongside Movement Labs, a trailblazer in Move-based blockchain technology. Adding to this formidable alliance is Boon Ventures, a distinguished investor in emerging tech startups. Together, they are poised to invest in avant-garde projects and expedite the advancement of Move-based blockchain technologies.