Digital financial corporations GalaxiaMoneytree(094480) said on the 24th that it will move to expand the Galaxia (GXA) ecosystem centered on the Moneytree application (app), a daily finance platform.
The company plans to link services between the Galaxia Wallet, a Blockchain wallet service, and the Moneytree app, and to expand the base for using GXA to enhance the user experience.
Galaxia Wallet is a decentralized Blockchain wallet service. It offers storage and transfer of virtual asset including GXA and management of non-fungible tokens (NFT). Galaxia Metaverse handles technology development and operations for the GXA ecosystem. The Moneytree app is GalaxiaMoneytree's flagship platform that provides a variety of daily finance services such as payments, remittances, coupons, and prepaid cards based on mobile phone payments, credit cards, bank accounts, gift cards, and points.
This initiative plans to expand the scope of GXA use into the daily finance domain by linking the Moneytree app's daily finance services with Galaxia Wallet's virtual asset management functions. Users will be provided an environment in which they can use GXA-based rewards and a variety of digital service benefits in the Moneytree app going forward.
The company is reviewing ways to strengthen access to Galaxia Wallet and service guidance in the Moneytree app, and to expand user-convenience features such as GXA rewards and holdings status. It later plans to gradually broaden the scope of GXA use to rewards, payments, and daily finance services within the bounds of complying with relevant laws and user protection standards.
A GalaxiaMoneytree official said, "Consolidation of a daily finance platform and virtual asset will both expand the user experience and raise the practical value of GXA, delivering greater value to Moneytree app users."