Galactic Holdings, the leading cryptocurrency company in Latin America, announced the successful closing of a $10 million Pre-Series A funding round. The 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. The funding will further promote the development of Galactic Holdings in Latin America.
Galactic Holdings is currently the only large-scale comprehensive platform in Latin America that is compliant and owns the digital currency wallet TruBit, the exchange TruBit Pro, and the Mexican peso-anchored stablecoin MMXN.
Maggie Wu, CEO and co-founder of Galactic Holdings, stated that the company is committed to the comprehensive development of cryptocurrency business in Latin America.
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