Movement Labs partners with Polygon Labs to integrate into AggLayer, enhancing blockchain interoperability. This marks Movement Labs as the first Move-based ecosystem to utilize this technology.
The collaboration coincides with Movement Labs’ public testnet launch, which has secured $160 million in Total Value Locked (TVL). Major contributors include Solv Protocol with $100 million and 280 Capital with $60 million.
AggLayer, operational since February, aims to unify liquidity across blockchain networks using Celestia’s data availability layer for efficient and secure off-chain data storage. Key testnet projects include Echelon, Moveposition, and Meridian, paving the way for Movement Labs’ mainnet launch.
