Rushi Manche, previously a co-founder of Movement Labs, has announced the launch of Nyx Group, a new investment firm dedicated to supporting token projects. Nyx Group plans to invest up to $100 million in liquidity for projects poised to issue tokens, offering comprehensive support in areas such as compliance, community, and governance. The firm emphasizes investing in projects with proven market traction, including active users and revenue, and only partners with founders they deeply trust. Manche aims to address the current funding and guidance gaps for entrepreneurs, positioning Nyx Group as the "most founder-friendly" investment firm in the crypto space. This move follows Manche's dismissal from Movement Labs amid a controversy over the manipulation of 66 million MOVE tokens, with legal proceedings still ongoing.