BlockBeats reported that on August 23, the modular blockchain platform MovaChain, designed for global payment scenarios, announced the completion of strategic financing, achieving a post-investment valuation of $100 million. This round was co-led by the Aqua1 Foundation and GeoNova Capital from the UAE, with participation from other top financial institutions in Abu Dhabi.
Among them, the Aqua1 Foundation is a leading Web3 investment fund in the UAE focused on blockchain infrastructure, financial protocols, and real asset tokenization, which gained widespread attention for investing $100 million in the cryptocurrency platform World Liberty Financial supported by the Trump family. GeoNova Capital in the UAE is a fund jointly established by Standard Chartered Bank, several UAE institutions, and family offices, focusing on practical investments in high-growth areas, collaborating extensively with sovereign funds, family offices, and private capital to achieve long-term value creation through deep engagement. This financing will help MovaChain comprehensively advance three strategic priorities:
Build modular, high-performance infrastructure to meet the institutional application needs on a global scale;
Expand global payment networks and stablecoin settlement solutions, opening up multidimensional payment channels;
Accelerate ecosystem development and engage in global cooperation with governments, financial institutions, enterprises, and developers.
Mova co-founder Stephen Wong stated: 'Being recognized by the most strategically visionary investment institutions in the UAE is a strong endorsement of our efforts to build institutional-grade, scalable blockchain infrastructure for global payment scenarios.' MovaChain is redefining Web3 infrastructure with its modular architecture, high performance, and global payment capabilities, constructing a reliable foundation for the next-generation digital economy.