[Former Movement Labs Co-Founder Rushi Manche Launches Nyx Group, Plans to Invest $100 Million to Support Token Projects] According to Foresight News, citing The Block, former Movement Labs co-founder Rushi Manche and several unnamed partners have launched Nyx Group. Nyx Group plans to inject up to $100 million into liquidity markets while providing operational support to founders of token issuance projects. Nyx Group has been operating for several months and has made some initial investments, though specific details have not been disclosed. The funds are expected to be deployed over the coming years. Earlier this year, Rushi Manche, who co-founded Movement Labs, was involved in a controversial market-making arrangement related to 66 million MOVE tokens (approximately 5% of the total supply). Following this controversy, Movement Labs terminated its partnership with Manche.