Movement Labs will complete a $100 million Series B funding round, valuing the company at $3 billion.

Movement Labs is expected to complete a $100 million Series B financing by the end of January, with a valuation of approximately $3 billion. This round of financing is co-led by two well-known investment institutions, and investors will receive a combination of equity and tokens, with tokens being the primary focus.

This news has sparked widespread discussion in the cryptocurrency circle, with some worrying that this move may affect airdrop shares or lead to a drop in Token prices. However, such concerns may be unnecessary. It is common practice for crypto projects to raise funds after the Token Generation Event (TGE), with the aim of bringing in more long-term partners. While the valuations obtained by new institutions may be lower, their Tokens are usually locked up for the long term and will not disrupt the original Token release plan.

More importantly, the tokens purchased by the new institution typically come from the project team or foundation, rather than community shares. Therefore, this financing is unlikely to affect community interests or airdrop distribution. On the contrary, this could be a strategic initiative by Movement to introduce more valuable resources into its ecosystem.

The leading investors in this round of financing are all well-known institutions in the industry. One of them was established in 2015 and has invested in over 100 companies, including several well-known blockchain projects. This institution not only provides financial support but also helps the invested companies achieve long-term development through strategic guidance and industry resources. The other leading investor is the digital asset department of a top global hedge fund, whose parent company manages hundreds of billions of dollars in assets, with clients including sovereign wealth funds, corporations, public pension funds, and endowment funds.

This round of financing seems to be a strategic move by Movement: on one hand, to gain support from resource-oriented institutions to jointly develop the ecosystem; on the other hand, to seek support from traditional financial institutions to prepare for future entry into the mainstream financial market. For community users, these are all positive news.

For those who wish to participate in the Movement Phase 2 airdrop, here are some possible preparations:

1. Complete the Galaxy Mission: Although the first phase airdrop did not involve Galaxy Points, the official stated that these points will be useful in the future and may be related to the second phase airdrop. Users can accumulate points by signing in and participating in various activities.

2. Participate in Kaito-MOVE interaction: Movement has officially entered the Kaito platform and announced an airdrop for Kaito users. Specific rules will be announced in the coming weeks. Interested users can create more original content related to Move and interact with the official account, founders, and top-ranking users.

Overall, this round of financing may have a positive impact on the future development of the Movement project, and community users can continue to pay attention to project updates and actively participate in related activities.