
Movement Labs
Categories
United States
Country

Cooper Scanlon (Co Founder)
Rushi Manche ( Co-founder)
Will Gaines (Head and Founding Marketing)
Brian Hennessey-Hsieh ( Head of Strategy)
Technology
Summary
Movement Labs is a blockchain network that focuses on security, performance, and user experience. It is developing Movement, the first MoveVM ZK Layer Two on Ethereum. The network supports parallelized Move-EVM execution, low gas fees of less than $0.01, and a theoretical throughput of over 160,000 transactions per second. It also features a decentralised sequencer that enables sub-second finality. Movement Labs uses Celestia for data availability and aims to create the fastest and most secure Layer Two solution for Ethereum.
The Movement ecosystem is built around the Move programming language, which is designed to improve security and efficiency in decentralised applications. Movement Labs seeks to make Move available across different blockchain environments rather than being limited to a single network. The ecosystem supports decentralised finance (DeFi), gaming, and NFTs. The Move Collective, a community of developers, investors, and experts, contributes to the growth and adoption of Move.
Movement Labs is led by co-founders Cooper Scanlon and Rushi Manche, along with a team that includes professionals in strategy, engineering, research, marketing, and business development. The company is working on open-source tools, frameworks, and protocols to expand the Move language.
The roadmap focuses on increasing accessibility and decentralisation. Movement Labs is actively recruiting for roles such as protocol engineers, research engineers, and marketing professionals.
The company has raised $38 million in Series A funding and continues to grow its network and community. Movement Labs participates in global events such as TOKEN2049, Permissionless, and DevCon.
Movement Labs’ goal is to build a modular network of Move-based blockchains that improve performance, liquidity, and composability. Its focus is on making blockchain technology more secure, efficient, and accessible to developers and users.
History
Movement Labs was founded with the objective of enhancing blockchain security, performance, and user experience. The organisation focused on the Move programming language, originally developed by Meta for the Diem blockchain, to provide a more secure and efficient way to build decentralised applications. The team aimed to integrate Move with Ethereum and create a Layer Two solution that would enable high-speed transactions while maintaining security and decentralisation.
The development of Movement began with research and experimentation to bring Move beyond a single blockchain ecosystem. The team worked on creating a modular architecture that allowed Move to function within Ethereum while improving transaction efficiency and security. The introduction of Movement as a MoveVM ZK Layer Two on Ethereum marked an important step in achieving this goal. Movement was designed to provide sub-second transaction finality, parallel execution through Move-EVM, and low transaction costs below $0.01. The theoretical transaction throughput exceeded 160,000 transactions per second.
Movement Labs worked on decentralising the sequencing process to ensure greater transparency and fairness. The network integrated Celestia for data availability, making it one of the fastest and most secure Layer Two solutions in the blockchain industry. The organisation also established the Move Collective, a group of developers, investors, and industry experts working together to expand the adoption of the Move language.
Over time, Movement Labs focused on expanding its ecosystem, enabling developers to build decentralised finance (DeFi) applications, gaming platforms, and NFTs using Move. The organisation introduced open-source tools, frameworks, and protocols to support developers.
The team grew with the addition of specialists in business development, marketing, research, and engineering. Movement Labs secured $38 million in Series A funding to accelerate development and expand its reach. The company participated in major industry events, including TOKEN2049, Permissionless, and DevCon, to showcase its technology and build partnerships.
Currently, Movement Labs continues to work on increasing accessibility and decentralisation within its network. It is actively hiring for roles in engineering, research, and marketing to further its mission. The organisation remains focused on integrating Move into a modular blockchain ecosystem and ensuring that developers worldwide can benefit from its security and performance advantages.
Mission
Movement Labs aims to make blockchain technology more secure, efficient, and accessible by integrating the Move programming language across different blockchain environments. The organisation is committed to decentralising and democratising the development of Move, allowing developers to build on an open network without restrictions. By providing low-cost, high-speed transactions and strong security, Movement Labs seeks to enhance the user experience in decentralised applications. The team works on developing open-source tools, frameworks, and protocols to support builders and investors. Through collaboration with a global community, Movement Labs ensures that Move remains a widely available and reliable choice for blockchain development.
Vision
Movement Labs envisions a future where Move is widely adopted across multiple blockchain ecosystems, providing a secure and efficient foundation for decentralised applications. The organisation seeks to create an open, modular network where developers can build without being restricted by a single platform. By focusing on scalability, security, and interoperability, Movement Labs aims to support innovation in decentralised finance, gaming, and NFTs. The long-term goal is to make blockchain technology more accessible to developers and users while maintaining high performance and decentralisation. Through continuous research and development, Movement Labs strives to lead the evolution of Move in blockchain systems.
Key Team
Cooper Scanlon (Co-founder)
Rushi Manche ( Co-founder)
Will Gaines (Head and Founding Marketing)
Brian Hennessey-Hsieh ( Head of Strategy)
Liam Monninger ( Founding Engineer)
Torab Torabi ( Founding BD)
Carmen Pearson (Head of PR and Comms)
Joe Chen ( BD Manager)
Franck Cassez (Head of Research)
Rahat Chowdhury (Senior Developer Relations Engineer)
Frasher Ulaj ( Senior Operations and Finance Manager)
Paco Bolanos (Guildmaster)
Grant Gerber (Ecosystem Lead)
Zhen Lu (Art Director)
Rolando Esparza (Staff Product Manager)
Recognition and Awards
Movement Labs has gained recognition for its work in blockchain security, performance, and decentralisation. The organisation has been acknowledged for developing the first MoveVM ZK Layer Two on Ethereum, which enhances transaction speed and security. It has received funding of $38 million in Series A, showing strong investor confidence. Movement Labs has also been featured at major blockchain events like TOKEN2049, Permissionless, and DevCon, where it has presented its innovations. The Move Collective, its developer community, has been recognised for promoting the adoption of the Move programming language. The organisation continues to gain industry support for its contributions to blockchain technology.
Products and Services
Movement Labs provides a range of products and services designed to improve blockchain performance, security, and accessibility. The organisation focuses on the Move programming language, integrating it with Ethereum to create a modular Layer Two network. Its products and services cater to developers, businesses, and blockchain users looking for secure and efficient solutions for decentralised applications, decentralised finance (DeFi), gaming, and NFTs.
The core product of Movement Labs is Movement, the first MoveVM ZK Layer Two on Ethereum. This network is built to support high-speed transactions, offering theoretical throughput exceeding 160,000 transactions per second. Movement ensures low transaction fees, keeping them below $0.01, which helps developers and businesses reduce costs. The network is also designed to provide sub-second finality, ensuring quick confirmation times. To improve security and decentralisation, Movement uses Celestia for data availability and features a decentralised sequencer, preventing a single point of failure.
Another key product is the Parallelised Move-EVM, which allows developers to run Ethereum-based smart contracts alongside Move-based applications. This feature makes it easier for developers already familiar with Ethereum to transition to Move while benefiting from its security and efficiency. By supporting parallel execution, the system increases transaction speeds and improves blockchain scalability.
Movement Labs also offers The Move Collective, a global community of developers, investors, and blockchain experts working together to grow the adoption of Move. This collective provides resources, funding opportunities, and technical support to help developers build and expand their projects. It also connects like-minded professionals to encourage collaboration and innovation.
For developers, Movement Labs provides a range of open-source tools, frameworks, and protocols to simplify building on Move. These tools include development kits, smart contract templates, and security guidelines to help programmers create reliable applications. The organisation actively supports developers by providing educational content, workshops, and developer grants.
Movement Labs supports multiple blockchain sectors, including DeFi, gaming, and NFTs. The network is designed to handle complex financial applications, allowing developers to build decentralised exchanges, lending platforms, and automated trading systems. Gaming applications benefit from the network’s high speed and low costs, making it easier to create interactive and scalable blockchain-based games. The NFT ecosystem also gains from Movement’s efficiency, enabling creators and businesses to mint and trade digital assets securely.
The organisation offers partnership opportunities for blockchain projects, enterprises, and investors interested in collaborating on Move-based applications. These partnerships provide technical assistance, funding, and strategic support to enhance the adoption of Move across different industries.
Movement Labs actively recruits developers, engineers, researchers, and marketing professionals to expand its ecosystem. The company provides career opportunities in protocol development, site reliability engineering, and business development. These roles contribute to the continuous improvement of Movement’s products and services.
To showcase its products and engage with the blockchain community, Movement Labs participates in global industry events, including TOKEN2049, Permissionless, and DevCon. These events provide a platform to present innovations, attract developers, and build industry connections.
References
- Movement Labs| Movement Labs
- Movement (@movementlabsxyz) · X| X (Twitter)
- Movement Labs| LinkedIn · Movement Labs
- Blockchain firm Movement Labs targets $3 billion valuation | Reuters
- Movement Labs| Instagram · movement.labs
- Movement (@movementlabsxyz) / X| x.com
- Movement Labs - Crunchbase Investor Profile & Investments| Crunchbase
- Movement Labs: The NEXT Big L2 In Crypto| YouTube · Michael Wrubel
- Movement Labs| Medium · Movement Labs
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Cooper Scanlon (Co Founder)
Rushi Manche ( Co-founder)
Will Gaines (Head and Founding Marketing)
Brian Hennessey-Hsieh ( Head of Strategy)
Technology