galactic

According to Gate market data, Virgin Galactic fell 12% in pre-market trading after its second-quarter results failed to meet market expectations.

TIME magazine announced a partnership with media brand Galactic to jointly launch the prediction market platform Predictor.io. Predictor.io will transform news, culture, and live events into interactive, data-driven experiences, operating independently from the TIME magazine newsroom. The TIME prediction market platform, powered by Galactic, is set to launch in early 2026. Galactic has also partnered with Truth Network, a blockchain designed specifically for future transparent prediction markets.

ChainCatcher news, the Kaia Foundation will launch a joint venture project "Galactica" for the tokenization of vessels with Indonesia's leading shipping company PT. Pelayaran Korindo (hereinafter referred to as Pelayaran Korindo) in early Q4 of this year.Pelayaran Korindo is a comprehensive logistics company based in Indonesia, with global business experience, localized expertise in Southeast Asia, and an extensive network of partners. Galactica aims to leverage tokenization technology to provide an innovative vessel purchasing process, with a particular focus on the Indonesian market, which has high vessel purchasing demand due to its approximately 17,000 islands. Galactica plans to raise funds for vessel purchases through decentralized investments in RWA tokens, thereby optimizing the traditional vessel purchasing process and bringing dual benefits to shipowners and investors.

ChainCatcher news, according to VentureBeat, Galactic Group, led by former Disney and Sony executives, has launched a Web3 game publishing division called Galactic Entertainment Publishing.The company is based in Dubai and is dedicated to supporting emerging Web3 game studios in developing AAA games. Galactic's first game, "Planet Exploration," is currently in development and has attracted over 250,000 fans to participate in co-creating the storyline and setting. In addition, the company will adopt a player-owned model, allowing players to own and trade in-game assets.

ChainCatcher news, according to Cointelegraph, Latin American digital finance company Galactic Holdings announced that it has recently completed a Series A financing round, raising a total of $6.25 million. The financing was led by Galaxy Interactive and Dragonfly, with participation from several institutions including SHK. The funds will further promote the development of Galactic Holdings' sub-brands such as the TruBit wallet, TruBit Pro exchange, and the Mexican stablecoin MMXN in the Latin American market, while accelerating the expansion of cross-border payment services in other countries.Currently, TruBit has successfully established compliant channels for three major fiat currencies: Mexico, Argentina, and Brazil, providing users with the service to buy and sell cryptocurrencies directly through bank transfers; the company has also launched a Mastercard cryptocurrency prepaid card, covering a comprehensive range of digital financial solutions including local and cross-border payments, spot and contract trading, as well as large-scale over-the-counter transactions.According to the crypto data platform RootData, in April 2023, Galactic Holdings announced the completion of a $10 million Pre-A financing round. 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.

ChainCatcher news, Latin America's leading cryptocurrency company Galactic Holdings announced the successful 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. This financing will further advance Galactic Holdings' development in the Latin American region.Galactic Holdings is currently the only compliant large-scale integrated platform in Latin America that simultaneously owns the digital currency wallet TruBit, the exchange TruBit Pro, and the Mexican peso-pegged stablecoin MMXN.Maggie Wu, CEO and co-founder of Galactic Holdings, stated that Galactic will be committed to the comprehensive development of cryptocurrency business in the Latin American region.