Move Industries Ushers in a New Era for Movement with Strategic Leadership Changes

Move Industries Launches New Era for Movement

On May 8, 2025, Movement Labs, a notable player in the Web3 space, announced the establishment of a new company, Move Industries, which aims to streamline operations and enhance governance within the Movement ecosystem. The formation of this entity marks a significant shift in organizational structure and leadership, underscoring Movement’s commitment to innovation and community.

Leadership Transition

The leadership of Move Industries comprises seasoned professionals from within Movement, with Torab Torabi taking on the role of CEO. Joining him is Will Gaines, who will serve as President and Director of Marketing, while Young Yang Liauw will continue overseeing the engineering department. Liauw is recognized for his substantial expertise in blockchain engineering, having previously held key roles at Aptos, Novi, and Meta, where he was a pivotal figure in the Libra project.

“This marks an exciting new chapter for Movement,” stated Torabi, emphasizing the necessity of implementing structures that support the company’s growth and success. Central to this endeavor is the commitment to the creators and community that form the backbone of the Movement ecosystem. The newly formed company is focused on three core pillars: Community/Brand, Engineering/Product, and Ecosystem/Business Development. This strategic framework aims to underpin its sustained growth in the blockchain landscape.

Commitment to Improvement

The establishment of Move Industries symbolizes a renewed focus on accountability and performance enhancement within Movement’s infrastructure. As stated by Gaines, “With Move Industries, we return to our fundamental principles of self-determination, creativity, and systems that serve the people.” This forward-looking vision aims to bolster economic activity and performance on the blockchain while actively supporting thriving projects on the Movement network.

The transition also highlights significant personnel changes, with Movement Labs terminating the contract of co-founder Rushi Manche. Furthermore, Cooper Scanlon, another co-founder, voluntarily passed the leadership baton to Torabi, expressing his pride in the accomplishments achieved thus far. Scanlon noted, “It has been an incredible journey bringing Movement’s vision to life, and I fully trust Torab’s leadership in shaping the future.”

Governance and Community Involvement

Move Industries will operate under enhanced governance mechanisms, characterized by greater oversight from the board of directors and a commitment to transparent decision-making processes. This initiative is designed to fortify the company’s foundation and ensure all actions align with the values of the community it serves.

The founders of Move Industries recognize the critical support rendered by the Movement community, especially during challenging times. They express their dedication to utilizing this new framework to build world-class infrastructures and foster superior business ventures within the blockchain sector.

Looking Ahead

As Move Industries embarks on its journey, it remains focused on creating a community-oriented blockchain ecosystem. The organization, led by industry veterans, aims to return to the foundational roots of cryptocurrency, empowering individuals with financial opportunities and control over their futures.

With a clear vision in mind and a dedicated team at the helm, Move Industries is poised to redefine how communities interact with blockchain technology and its potentials, marking a pivotal moment in the evolution of Movement as a leading player in the blockchain space.

New Era for Movement

Through these strategic initiatives, Move Industries signifies not just a change in leadership, but a renewed vision. The focus is on building a sustainable future within the decentralized landscape, ripe with opportunities for creators and consumers alike.