PANews reported on March 9 that Singapore's Web3 platform Galaxis announced a $5 million investment commitment from Bolts Capital to accelerate the expansion of its Decentralized Science (DESCI) program and smart certificate solutions, which aims to use blockchain technology to enhance the capabilities of researchers, institutions, brands and creators through transparency, identity authentication and intellectual property ownership.

According to previous news, Galaxis completed a US$10 million financing in May last year, with Chainlink, Rarestone Capital and others participating in the investment.