Sources: Movement Labs, which is building a layer-2 Ethereum blockchain, is set to raise a $100M Series B at a ~$3B valuation, after raising $38M in April 2024
Observed a private M&A recently — Crazy to me that a global 50y brand, a highly respected household name in a large niche, hundreds of employees, dozens of owned offices/satellites, sold for less than half the funding round for these (rypto losers — Best money is in selling m…