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Movachain has secured a $100 million valuation strategic investment, with leading investors including the Aqua1 Foundation and UAE's GeoNova Capital.
BlockBeats News, August 23, MovaChain, a modular blockchain platform designed for the global payment scene, announced today that it has completed a strategic financing round, with a post-investment valuation of $1 billion. This round was co-led by the Aqua1 Foundation and UAE-based GeoNova Capital, with participation from other top financial institutions in Abu Dhabi.
The Aqua1 Foundation is a leading Web3 investment fund in the UAE that focuses on blockchain infrastructure, financial protocols, and real asset tokenization. It gained attention for investing $100 million in the crypto platform World Liberty Financial, which has ties to the Trump family. GeoNova Capital, on the other hand, is a fund established by Standard Chartered Bank, multiple UAE institutions, and family offices. It specializes in hands-on investments in high-growth areas, collaborates extensively with sovereign wealth funds, family offices, and private capital, and is committed to creating long-term value through deep engagement. This financing round will help MovaChain advance its three key strategies:
1. Building modular, high-performance infrastructure to meet institutional-grade application needs worldwide;
2. Expanding the global payment network and stablecoin settlement solutions to connect multi-dimensional payment channels;
3. Accelerating ecosystem development and engaging in global partnerships with governments, financial institutions, enterprises, and developers.
Mova co-founder Stephen Wong stated, "Being recognized by the UAE's most strategically insightful investment institutions is a strong endorsement of our efforts to build institutional-grade, scalable blockchain infrastructure for the global payment scene." With its modular architecture, high performance, and global payment capabilities, MovaChain is redefining Web3 infrastructure and constructing a trusted foundation for the next generation of the digital economy.
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