TechFlow news — Latin American digital financial services company Galactic Holdings has announced the completion of a $6.25 million Series A funding round led by Galaxy Interactive and Dragonfly, with participation from SHK and others. The capital injection will further advance the expansion of its subsidiaries—including TruBit Wallet, TruBit Pro exchange, and Mexico's stablecoin MMXN—across Latin America, while accelerating the rollout of cross-border payment services in additional countries.
TruBit has successfully established compliant on-ramps for three major fiat currencies in Mexico, Argentina, and Brazil, enabling users to buy and sell cryptocurrencies directly via bank transfers. The company has also launched a Mastercard cryptocurrency prepaid card, offering a comprehensive suite of digital financial solutions that include local and cross-border payments, spot and derivatives trading, and large-volume OTC transactions.
