Galactic Holdings completes US$6.25 million in Series A financing, led by Galaxy Interactive and Dragonfly

Galactic Holdings, a Latin American digital financial company, announced that it has recently completed Series A financing, with the total amount reaching US$6.25 million. The financing was led by Galaxy Interactive and Dragonfly, with participation from SHK and other institutions. The capital injection will further promote the development of Galactic Holdings' TruBit wallet, TruBit Pro exchange and Mexican stablecoin MMXN and other sub-brands in the Latin American market, while accelerating the expansion of cross-border payment services in other countries. At present, TruBit has successfully opened up compliance channels for three major legal currencies in Mexico, Argentina, and Brazil, providing users with services to buy and sell cryptocurrencies directly through bank transfers; the company has also launched the MasterCard cryptocurrency prepaid card, covering local and cross-border payments. , spot and contract transactions, as well as large OTC transactions and other comprehensive digital financial solutions. (Cointelegraph) Prior to news in April, Galactic Holdings announced the completion of a $10 million Pre-A round of financing. This round was led by BAI Capital, with participation from Animoca Brands, Y2Z Ventures, Longling Capital, Head & Shoulders, TKX Digital Group, Perseverance Capital and Palm Drive Capital.