{"id":19618,"date":"2025-03-10T19:51:03","date_gmt":"2025-03-10T19:51:03","guid":{"rendered":"https:\/\/www.hotelsalepage.com\/feed\/cision-pr-newswire\/movement-network-foundation-announces-rex-osprey-funds-files-for-first-u-s-movement-etf-as-public-mainnet-beta-launches\/"},"modified":"2025-03-10T19:51:03","modified_gmt":"2025-03-10T19:51:03","slug":"movement-network-foundation-announces-rex-osprey-funds-files-for-first-u-s-movement-etf-as-public-mainnet-beta-launches","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=19618","title":{"rendered":"Movement Network Foundation Announces REX-Osprey\u2122 Funds Files for First U.S. Movement ETF as Public Mainnet Beta Launches"},"content":{"rendered":"

First Movement\u00a0ETF Filing Will Provide U.S. Investors with Exposure to Movement Ecosystem<\/i><\/p>\n

GRAND CAYMAN<\/span>, Cayman Islands<\/span><\/span>, March 10, 2025<\/span><\/span> \/PRNewswire\/ — The\u00a0Movement Network Foundation,<\/a><\/u> the organization dedicated to advancing MoveVM technology, today announced that REX-Osprey<\/a><\/u> has filed for a new exchange-traded fund (ETF) focused on $MOVE. If approved, this ETF would be the first providing exposure to Movement through traditional financial rails. Simultaneously, the Foundation announced the successful launch of Movement Public Mainnet Beta, with $250M<\/span> in at-launch Total Value Locked (TVL) from its Cornucopia program<\/a><\/u>.<\/p>\n

\"Movement<\/a>
Movement Network Foundation Announces Movement Mainnet Beta and $MOVE TGE<\/span> <\/div>\n

“This filing represents a historic moment not just for Movement, but for the entire Move landscape,” said Rushi Manche<\/span>, Co-Founder of Movement Labs. “Breaking the pattern of ETFs limited to long-established cryptocurrencies opens doors for institutional capital to support next-generation blockchain innovation.”<\/p>\n

“Traditional investors have expressed keen interest in gaining regulated exposure to emerging blockchain technologies without directly managing tokens,” noted Cooper Scanlon<\/span>, Co-Founder of Movement Labs. “This ETF represents the convergence of innovative financial products with cutting-edge blockchain architecture.”<\/p>\n

ETF Provides Traditional Market Access to $MOVE
<\/b>The Move programming language, originally developed by Meta, empowers Movement developers to create more efficient, more secure smart contracts. If approved, the ETF would allow investors to gain exposure to Movement through traditional brokerage accounts and retirement vehicles without the technical complexities of direct token management.<\/p>\n

Public\u00a0Mainnet Beta Launches with Substantial Liquidity
<\/b>Concurrent with the ETF filing announcement, Movement Network Foundation<\/a><\/u> has successfully launched its Public Mainnet Beta with $250M<\/span> in Total Value Locked (TVL). This day-one liquidity provides the network with immediate utility.<\/p>\n

The Public Mainnet Beta enables permissionless smart contract deployment, full user onboarding, and Ethereum settlement. It gives users and builders the full benefits of Move and the MoveVM. Users can access the network through the canonical Movement bridge powered by LayerZero.<\/p>\n

For more information about Movement Public Mainnet Beta, visit movementnetwork.xyz<\/a><\/u> or follow\u00a0<\/a>@movementlabsxyz<\/a><\/u>, @movementfdn<\/a><\/u>, @moveecosystem<\/a><\/u>\u00a0 @Move_Collective<\/a><\/u> on Twitter.<\/p>\n

About Movement Network Foundation<\/b>
Movement Network Foundation<\/a><\/u> is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at movementfdn.xyz<\/a><\/u> or follow @movementfdn<\/a><\/u> on X.<\/p>\n

MEDIA CONTACT
<\/b>Carmen Pearson<\/span>
Head of PR & Communications
Movement Labs
Carmen.Pearson@MovementLabs.xyz<\/a>\u00a0<\/p>\n

\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

First Movement\u00a0ETF Filing Will Provide U.S. Investors with Exposure to Movement Ecosystem<\/i><\/p>\n

GRAND CAYMAN<\/span>, Cayman Islands<\/span><\/span>, March 10, 2025<\/span><\/span> \/PRNewswire\/ — The\u00a0Movement Network Foundation,<\/a><\/u> the organization dedicated to advancing MoveVM technology, today announced that REX-Osprey<\/a><\/u> has filed for a new exchange-traded fund (ETF) focused on $MOVE. If approved, this ETF would be the first providing exposure to Movement through traditional financial rails. Simultaneously, the Foundation announced the successful launch of Movement Public Mainnet Beta, with $250M<\/span> in at-launch Total Value Locked (TVL) from its Cornucopia program<\/a><\/u>.<\/p>\n

\"Movement<\/a>
Movement Network Foundation Announces Movement Mainnet Beta and $MOVE TGE<\/span> <\/div>\n

“This filing represents a historic moment not just for Movement, but for the entire Move landscape,” said Rushi Manche<\/span>, Co-Founder of Movement Labs. “Breaking the pattern of ETFs limited to long-established cryptocurrencies opens doors for institutional capital to support next-generation blockchain innovation.”<\/p>\n

“Traditional investors have expressed keen interest in gaining regulated exposure to emerging blockchain technologies without directly managing tokens,” noted Cooper Scanlon<\/span>, Co-Founder of Movement Labs. “This ETF represents the convergence of innovative financial products with cutting-edge blockchain architecture.”<\/p>\n

ETF Provides Traditional Market Access to $MOVE
<\/b>The Move programming language, originally developed by Meta, empowers Movement developers to create more efficient, more secure smart contracts. If approved, the ETF would allow investors to gain exposure to Movement through traditional brokerage accounts and retirement vehicles without the technical complexities of direct token management.<\/p>\n

Public\u00a0Mainnet Beta Launches with Substantial Liquidity
<\/b>Concurrent with the ETF filing announcement, Movement Network Foundation<\/a><\/u> has successfully launched its Public Mainnet Beta with $250M<\/span> in Total Value Locked (TVL). This day-one liquidity provides the network with immediate utility.<\/p>\n

The Public Mainnet Beta enables permissionless smart contract deployment, full user onboarding, and Ethereum settlement. It gives users and builders the full benefits of Move and the MoveVM. Users can access the network through the canonical Movement bridge powered by LayerZero.<\/p>\n

For more information about Movement Public Mainnet Beta, visit movementnetwork.xyz<\/a><\/u> or follow\u00a0<\/a>@movementlabsxyz<\/a><\/u>, @movementfdn<\/a><\/u>, @moveecosystem<\/a><\/u>\u00a0 @Move_Collective<\/a><\/u> on Twitter.<\/p>\n

About Movement Network Foundation<\/b>
Movement Network Foundation<\/a><\/u> is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at movementfdn.xyz<\/a><\/u> or follow @movementfdn<\/a><\/u> on X.<\/p>\n

MEDIA CONTACT
<\/b>Carmen Pearson<\/span>
Head of PR & Communications
Movement Labs
Carmen.Pearson@MovementLabs.xyz<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n

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