Galaxy Finance has completed a successful Series B funding round, raising $30 million from investors led by QCP Capital, Tally Capital, and BlackPine. The funds will be used to continue the development and expansion of the decentralized social wallet for Web3 wallets, Eva Wallet Socials Funds and Backers.

Galaxy Finance is a community-driven project that aims to provide a decentralized social wallet for cryptocurrency users. The wallet will enable users to interact with each other, receive notifications about market movements, and participate in social activities such as voting and debating.

The funds raised in the Series B funding round will be used to expand the team, hire more developers, and accelerate the development of the platform. The company also plans to increase marketing efforts to attract more users to the platform.

The Galaxy Finance token (GLF) is the native token of the platform and is used to incentivize users to participate in the community. The token will be listed on popular exchanges such as Binance, OKEx, and Huobi in the near future.

Galaxy Finance has a total supply of 10 million tokens, and the Series B funding round sold 1.2% of the tokens. The remaining tokens are allocated as follows: 18% for presale, 38% for ecosystem incentives, 15% for team and advisor, 10% for liquidity, 10% for treasury, and 8% for partnerships.

Overall, the successful Series B funding round is a positive sign for Galaxy Finance, as it indicates strong investor confidence in the project and its potential to succeed in the crypto market. As the team continues to develop the platform, we can expect to see more users attracted to the wallet and more adoption of the GLF token.