UAE Investors Back MovaChain’s Vision to Redefine Web3 Payments

MovaChain, a next-generation modular blockchain designed for global payment scenarios, has secured a strategic investment that values the firm at $100 million. The round was co-led by Aqua1 Foundation and GeoNova Capital, with additional backing from top financial institutions in the UAE. The investment is set to accelerate MovaChain’s mission to deliver a high-performance, institutional-grade blockchain infrastructure that supports scalable and compliant Web3 adoption globally [1].

The strategic roadmap laid out by MovaChain outlines three core priorities for the use of the investment. The first is the advancement of modular, high-performance infrastructure. This will involve scaling throughput and reliability to support institutional-grade applications worldwide. The second focus is on expanding global payment solutions, including cross-border settlements and stablecoin integrations, to facilitate multi-dimensional payment channels. The third priority is to strengthen ecosystem growth through partnerships with governments, financial institutions, enterprises, and developers, furthering the adoption of MovaChain’s infrastructure [2].

The investment is a significant endorsement of MovaChain’s vision, according to Stephen Wong, co-founder of the firm. He stated that the recognition from UAE-based investment institutions reinforces the company’s efforts to build a blockchain infrastructure tailored to global payment needs. MovaChain’s modular architecture and focus on performance and compliance are key differentiators in the evolving Web3 landscape [3].

Aqua1 Foundation, a UAE-based Web3 investment fund, has previously made headlines for its $100 million investment in World Liberty Financial, a crypto platform backed by the Trump family. The foundation’s focus on blockchain infrastructure, financial protocols, and real-world asset tokenization aligns with its broader goal of driving scalable and compliant adoption of Web3 technology. GeoNova Capital, meanwhile, is a Dubai-based investment firm that partners with private equity firms, sovereign wealth funds, and family offices. It is known for its hands-on approach and focus on high-growth sectors [1].

The strategic investment marks a pivotal step in MovaChain’s development. The firm aims to redefine Web3 infrastructure by integrating compliance, scalability, and global payment capabilities into its blockchain framework. This aligns with the broader industry trend of institutionalization in blockchain and cryptocurrency, where infrastructure is being optimized to meet the demands of global financial institutions and governments [3].

The investment is also significant in the context of the UAE’s growing role in the Web3 ecosystem. Both Aqua1 Foundation and GeoNova Capital are based in the UAE, highlighting the country’s emergence as a hub for blockchain innovation and investment. This development is expected to contribute to the UAE’s broader economic diversification strategy, particularly in the digital economy and fintech sectors [2].

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[1] MovaChain Secures $100M Valuation Backed by Aqua1 Foundation and UAE's GeoNova Capital (https://u.today/press-releases/movachain-secures-100m-valuation-backed-by-aqua1-foundation-and-uaes-geonova-capital)

[2] MovaChain Secures $100 Million Valuation in Strategic ... (https://www.bitget.com/news/detail/12560604927529)