Galaxy Digital Inc. (NASDAQ: GLXY) has launched GalaxyOne, a new financial platform aimed at U.S. investors. The platform combines high-interest cash accounts, cryptocurrency trading, and U.S. stock trading to let investors manage different types of investments on a single app or website.
GalaxyOne’s main offering, Galaxy Premium Yield, gives U.S. accredited investors the chance to earn an 8% annual return on their cash through investment notes issued by Galaxy Digital LP. These notes are backed by Galaxy’s institutional lending operations, which have been active since 2018.
Each investment requires a minimum of $25,000 and is capped at $1 million per investor, with a total platform limit of $250 million. Interest is calculated daily and paid monthly into a GalaxyOne Cash account.
For all investors, GalaxyOne Cash provides a high-yield cash account with a 4% APY, insured by the FDIC up to $250,000 through Cross River Bank. Investors on GalaxyOne can choose to have the interest they earn automatically reinvested into major cryptocurrencies like Bitcoin, Ethereum, or Solana.
With GalaxyOne, trading cryptocurrencies like Bitcoin, Ethereum, and Solana happens instantly, and interest can even be set to reinvest automatically. The platform also lets investors trade U.S. stocks and ETFs without paying commissions, with the option to buy small fractions of shares starting at $10. Retirement accounts, including traditional and Roth IRAs, are available, and earning extra income is possible by lending out eligible stocks.
GalaxyOne was developed from the mobile platform Fierce, acquired by Galaxy in 2024. Zac Prince, Galaxy Digital’s Managing Director, leads the platform, while Fierce’s former CEO, Rob Cornish, now serves as GalaxyOne’s Chief Technology Officer.
Positioning in the market
The platform enters a regulatory environment that has become clearer for both traditional and digital assets in the U.S. GalaxyOne is trying to stand out from platforms like Coinbase and Robinhood by focusing on strong risk management, clear information, and solid security for all its products. It is positioning itself as a versatile tool for U.S. retail investors looking to combine traditional and digital investments.
Mike Novogratz, Galaxy’s CEO, said, “We’ve spent years building institutional-quality infrastructure to serve the world’s most sophisticated investors. Now, we’re extending that edge to individuals.” Zac Prince added, “GalaxyOne delivers exactly that: a unified opportunity to earn yield on cash, trade crypto, and access U.S. equities.”