PANews reported on November 21 that Shinami, the developer platform of Move chain, announced the completion of a seed round of financing of US$5.645 million. This round of financing was led by Race Capital, with participation from 6th Man Ventures, Coinbase, Circle, Mysten Labs and Aptos Foundation. Shinami is committed to becoming the "Consensys" of the Move ecosystem, providing developers with a one-stop tool platform to simplify the construction of applications on Move blockchains such as Aptos, Sui and Movement.

Shinami's Node service has supported billions of on-chain reads, the Gas Station function has sponsored more than 100 million transactions, and the Wallet service has more than 2 million monthly active users. Shinami co-founder and CEO Nikhil Chari said that this financing will further strengthen the team's ability to provide infrastructure and tools for Move developers to help them optimize the user experience.

In addition, Shinami has joined the Move Collective to collaborate and innovate with developers within the ecosystem to help expand and develop the Move chain ecosystem.