Mars Finance reported on August 23rd that MovaChain, a modular blockchain platform built for global payments, announced the completion of a strategic financing round, reaching a post-money valuation of $100 million. This round was co-led by the Aqua1 Foundation and GeoNova Capital of the UAE, with participation from other top Abu Dhabi financial institutions. Aqua1 Foundation is a leading UAE-based Web3 investment fund focused on blockchain infrastructure, financial protocols, and the tokenization of real-world assets. It previously garnered widespread attention for its $100 million investment in World Liberty Financial, a crypto platform backed by the Trump family. GeoNova Capital of the UAE, a fund jointly established by Standard Chartered Bank and several UAE institutions and family offices, focuses on practical investments in high-growth sectors, partnering extensively with sovereign wealth funds, family offices, and private equity firms, striving to achieve long-term value creation through deep engagement. This financing will support MovaChain's three strategic priorities: building a modular, high-performance infrastructure to meet the needs of institutional applications worldwide; expanding its global payment network and stablecoin settlement solutions to connect multi-dimensional payment channels; and accelerating ecosystem development through global collaboration with governments, financial institutions, businesses, and developers. Stephen Wong, co-founder of Mova, said: "Receiving recognition from the UAE's most strategic investment institution is a strong endorsement of our efforts to build institutional-grade, scalable, and global payment-oriented blockchain infrastructure." MovaChain is redefining Web3 infrastructure with its modular architecture, high performance, and global payment capabilities, building a trusted foundation for the next generation of the digital economy.
Movachain secures strategic investment at a valuation of $100 million, led by Aqua1 Foundation and GeoNova Capital of the UAE
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