MovaChain Secures $100 Million for Global Expansion

MovaChain, a modular blockchain platform, has secured a significant $100 million investment to fuel its global expansion plans. The funding round, led by the UAE’s Aqua1 Foundation and GeoNova Capital, will be instrumental in enhancing MovaChain’s global payment network and developing innovative stablecoin solutions. This funding marks a major step forward for MovaChain’s ambition to play a pivotal role in revolutionizing global financial infrastructure. The investment underscores the growing confidence in blockchain technology within the UAE financial landscape, with prominent Abu Dhabi institutions participating in this landmark transaction.