Having just closed a $10 million pre-Series A round, digital finance ecosystem Galactic Holdings is thrilled to announce the successful completion of its Series A funding round today. Having raised $6.25 million in capital through this Series A venture, Galactic Holdings is the parent company of TruBit, the leading crypto platform in Latin America.
Digital Finance Ecosystem Galactic Holdings Completes $6.25 Million Series A Round to Further Advance Latin American Crypto Ecosystem
DragonFly, Galaxy Interactive, and SHK all made significant contributions to the round’s leadership. This accomplishment maps a path for faster growth in the Latin American market and the development of TruBit’s business ecosystem, in addition to reaffirming the company’s position as a major player in the digital currency space.
In addition to being a financial accomplishment for TruBit, the successful completion of the Series A investment round marks the beginning of a major team growth. In the current state of the market, this phenomenon has been comparatively uncommon. Galactic Holdings currently employs close to 100 experts throughout LATAM.
In an intriguing turn of events, Maggie Wu has disclosed bold intentions to quadruple the company’s global staff by 2024. This is a calculated step to increase the organization’s ability to effectively carry out Galactic Holdings’ expansion goals.
About Galactic Holdings
The main goal of Galactic Holdings is to make it simple for users of retail wallets to buy and sell cryptocurrencies through traditional bank transfers. They also provide a prepaid card for direct cryptocurrency purchases, enable payments to be made easily, and facilitate both domestic and international transfers.