On October 21st, Echo, a bitcoin re-pledge platform, completed a Pre-Seed round of financing, with ABCDE Labs, The Spartan Group, Maelstromfund, Selini Capital, Presto Labs, Sats Ventures, Web3Port Labs, Aptos, Movement Labs, and others participating. Echo is the Bitcoin liquidity re-pledge infrastructure layer on MoveVM, aiming to bring BTC liquidity and re-pledge solutions to the Move ecosystem.