Galaxy Digital on Monday rolled out GalaxyOne, a new consumer platform and app that combines a 4% cash account, crypto custody and trading, and zero-commission trading on U.S. equities and ETFs.
At launch, users across the U.S. who meet know-your-customer requirements will be able to buy, hold, and transfer bitcoin, ether, Solana, and Paxos Gold. A Galaxy spokesperson told The Block that the company plans to scale the platform to include more tokens in the future, and users are able to transfer digital assets on and off the platform at will. Users will also be able to trade more than 2,000 U.S. stocks and ETFs with zero-commission trading, including fractional share trading.
The platform also offers Galaxy Premium Yield, a high-income investment note offering 8% APY, but only to accredited U.S. investors who meet income or net worth eligibility requirements. The yield is powered by Galaxy’s institutional lending business, and unlike the 4% cash account, is not FDIC insured.
The launch of the platform marks a significant foray by Galaxy, traditionally an institutional player, into the retail space. GalaxyOne’s offerings are similar to those of rival fintechs Robinhood, eToro, and Cash App.
“We’ve spent years building institutional-quality infrastructure to serve the world’s most sophisticated investors,” said Galaxy founder and CEO Mike Novogratz. “Now, we’re extending that edge to individuals.”
GalaxyOne was originally developed as Fierce, a finance super-app that Galaxy acquired in December 2024 for $12.5 million, according to the company’s quarterly financial report. The firm’s former CEO, Rob Cornish, is now CTO of Galaxy, and the original Fierce development team is now working on GalaxyOne.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
