Oak Grove Ventures participates in the $4 million seed round financing of the Movement ecosystem DeFi project Meridian.

Oak Grove Ventures announced its participation in the $4 million seed round financing of the Movement ecosystem's DeFi project, Meridian. This round was co-led by ParaFi Capital and Borderless Capital, with participation from Amber Group, Saison Capital, and Interop Ventures. Meridian aims to become the central liquidity and yield hub of the Movement ecosystem by bridging the gap between the Move ecosystem and existing EVM and SVM solutions, providing users with a wider range of DeFi opportunities.