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Mova Mainnet Launched, Partnering with Middle Eastern Capital to Build a Global Compliant Payment New Ecosystem
BlockBeats News, August 30th, according to official sources, the Mova public chain officially launched its mainnet during the Bitcoin Asia Conference and announced strategic partnerships with Join the Planet Foundation led by soccer legend Messi, MINAX, and USD1Swap.
Mova CEO Wael Muhaisen stated at the conference that Mova has achieved a peak performance of 110,000 TPS in the testnet phase, a 1.5-second confirmation time, and has built-in compliance modules at the underlying layer such as KYC/AML, account tagging, on-chain audits, making it the infrastructure for global compliant payments and RWA issuance.
Join the Planet Foundation's founding partner Mr. Shady stated, "We are working together to develop environmentally friendly NFTs. The birth of this collaboration stems from our common vision - responsibility. We are impressed by the Mova team, their professional capabilities, and technical strength. Transparency and traceability are crucial in our project, and Mova is the ideal platform."
Previously, Mova completed a $100 million valuation financing round, co-led by the Aqua1 Foundation and the UAE-based GeoNova Capital (a fund established by Standard Chartered Bank, several UAE institutions, and family offices), with participation from multiple top Abu Dhabi financial institutions. Mova is poised to become a key link connecting the US stablecoin narrative with financial implementations in the Middle East.
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