Galaxia Metaverse Partners with Emble Foundation to "Expand Global Ecosystem"

Blockchain specialized company Galaxia Metaverse announced on the 9th that it has signed a partnership agreement with blockchain-based mobility company MVL Foundation. Through this, both companies plan to establish concrete global business and marketing cooperation.

Through this partnership, Galaxia Metaverse plans to enable the use of its utility token Galaxia (GXA) and MVL Foundation's MVL token within both companies' blockchain ecosystems. Currently, the MVL token is used to purchase discount coupons for 'TADA'.

In the future, the Galaxia (GXA) token will also be used to purchase 'TADA' discount coupons through MVL Foundation's 'Clutch Wallet'. Active cooperation between the two companies is being discussed, such as linking the MVL token with deposit products in the 'Galaxia Wallet'.

A representative from Galaxia Metaverse stated, "We plan to utilize the business capabilities, know-how, and networks possessed by both companies to develop various solutions, rewards, and service integrations," adding, "Since the MVL token has millions of mobility service users and focuses on Southeast Asia as its main market, we expect this partnership to expand the global ecosystem between the two companies."

MVL Foundation is a blockchain mobility company operating mobility services, electric vehicle manufacturing, and charging infrastructure businesses in Southeast Asia regions such as Singapore, Cambodia, and Vietnam. It operates 'TADA', the second-largest ride-hailing service in Singapore, and has established a physical mobility environment based on the Southeast Asian market. By connecting this with blockchain, it realizes Web3.0 mobility where ecosystem participants are rewarded according to their activities.

Meanwhile, Galaxia Metaverse has been expanding the blockchain ecosystem domestically and internationally this year in collaboration with industry leaders such as Pala, Something, and Cupping (WEMAKEPRICE O).