Nyx Group Launches With $100M Plan to Back Token-Ready Crypto Projects

Nyx Group, a newly formed investment initiative led by Movement Labs co-founder Rushi Manche and several undisclosed partners, is preparing to deploy up to $100 million into liquid crypto markets to support vetted teams heading toward token launches. The group intends to combine capital with operational guidance, helping founders navigate the complexities of community growth, treasury strategy, compliance, and go-to-market execution.

Manche Returns With a Hands-On Model for Early-Stage Token Teams

According to Manche, Nyx Group has already been active for months and has made several early investments. He described the initiative as a response to a “critical gap” in the current market, where founders building toward token generation events often struggle to access capital or experienced guidance.

The new venture marks Manche’s return to the ecosystem after his departure from Movement Labs earlier this year. Movement Labs — originally building a Move-based network — restructured as Move Industries following controversy surrounding a 66 million MOVE token market-making arrangement. Manche acknowledged “mistakes were made” at the time but denied orchestrating improper activity. He declined to comment further due to ongoing litigation.

Founder-Focused Capital With a Strict Selection Framework

Nyx Group positions itself as a high-trust partner that limits investments to founders the team knows personally and deeply trusts. It employs what it describes as rigorous selection criteria, prioritizing teams backed by reputable funds or showing strong signs of traction, including revenue, active users, community engagement, and clear token-launch strategies.

Manche said the group has already seen strong inbound interest from its network and aims to expand through warm referrals, forming what he called “a like-minded web of individuals.” Nyx Group’s backers include several partners and family offices aligned on investment principles, with details expected to be disclosed in the future.

Capital Plus Deep Operational Support After Launch

Beyond liquidity, Nyx Group plans to support founders after their token generation events, offering hands-on operational help. This includes guidance on fundraising, attracting institutional interest, structuring foundations, managing governance, engaging long-term partners, and navigating regulatory landscapes. Manche said the group collaborates with multiple law firms to maintain compliance across jurisdictions.

He emphasized that Nyx Group aims to be “the most founder-friendly partner in the space,” offering favorable terms and long-term alignment. While the group may explore governance roles or board participation, Manche said decisions remain with founders, with Nyx Group offering “gentle guidance” on tokenomics and launch mechanics.

A New Model for the Industry’s Next Chapter

Manche described the current market as a moment of both uncertainty and opportunity, arguing that the next wave of crypto founders needs partners who can pair liquidity with real operational expertise. Reflecting on his own entrepreneurial experience, he said Nyx Group was designed to provide the kind of support he wishes he had earlier in his journey.

“Crypto is entering a new chapter,” he said. “We want to give the founders we trust the capital and counsel they need to bring transformative tokens and projects to life.”