Shinami, the leading developer platform across Move-based blockchains (Aptos, Sui, and Movement), has announced the successful close of a $5.645 million seed funding round. Race Capital led the round, with participation from 6th Man Ventures, Coinbase, Circle, and Mysten Labs. Aptos Foundation provided an additional undisclosed investment.
Positioned as the "Consensys for Move," Shinami offers a comprehensive, ‘one-stop-shop’ developer platform that simplifies building applications on Move-based blockchains through advanced tooling, easy-to-use APIs, and helpful docs. The platform's impact is demonstrated through its Node Service powering billions of monthly on-chain reads across hundreds of applications, its Gas Station sponsoring over 100 million transactions to date, and its Wallet Services supporting more than 2 million monthly active users.
"Our team's experience building developer platforms at Twilio, Microsoft and Alchemy, combined with our early conviction in Move, has shaped how we support builders across the entire ecosystem," said Nikhil Chari, Co-founder and CEO of Shinami. "This funding empowers us to continue providing the infrastructure and tools Move developers need to create better user experiences across the Sui, Aptos, and Movement networks."
As part of its commitment to advancing the Move ecosystem, Shinami also joined the Move Collective. This collaboration strengthens Shinami's ability to support developers as they expand and build on Movement, while contributing to the ecosystem's broader growth and innovation.
For more information about Shinami and to stay updated on future developments, users can visit shinami.com and follow Shinami on X at @ShinamiCorp.
About Shinami
Shinami is the leading developer platform for Aptos, Sui and Movement, designed to help Move developers build faster, with better UX, and less overhead. Through its industry-leading Node Service, Gas Station, and Wallet Services, Shinami serves a growing community of developers and millions of end-users.
Contact
Media Representative Jamie Kingsley The PR Genius j.kingsley@theprgenius.com
Disclaimer: Press release sponsored by our commercial partners.
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.
Hong Kong, Hong Kong, May 22nd, 2025
Infini slashes card fees to 0.1%, edges closer to a 0% stablecoin payment future
Infini, the next-generation Pay-Fi platform for stablecoin-based payments and financial services, today announced that its flagship Infini Global Card now offers a reduced transaction fee of just 0.1%, applicable to all users worldwide. This milestone marks the lowest fee tier in the platform’s history and brings it significantly closer to its long-term mission: making stablecoi...
ZUG, Switzerland, May 22nd, 2025, Chainwire
Impossible Cloud Network wins investment from Helium backer NGP Capital to expand decentralized cloud services
Impossible Cloud Network (ICN), Web3’s leading decentralized cloud network, is announcing a new investment from NGP Capital, the venture capital firm that invested in Helium, is backed by telecommunications giant Nokia, and has just valued ICN at $470 million.
Led by tech entrepreneur Kai Wawrzinek, founder of NASDAQ Unicorn Goodgame Studios...
Dubai, United Arab Emirates, May 21st, 2025
Sophon uses zkTLS to convert private Web2 credentials into verifiable on-chain assets without compromising privacy, enhancing user experiences and enabling new perspectives on applications.
Sophon, a platform built to power consumer crypto experiences, has unveiled its integration of zkTLS (zero-knowledge Transport Layer Security) as the foundation for a new class of personalized and privacy-preserving blockchain applications. At the center of this ef...