Galaxy Digital stock soars 7%, after launching GalaxyOne platform - takes on Robinhood

Galaxy Digital Holdings stock went up 8.4% in premarket trading Monday after it launched a new platform called GalaxyOne. GalaxyOne is a financial platform for U.S. individual investors that lets them trade cryptocurrencies and stocks and use high-yield cash accounts.

Accredited investors can earn 8% Annual Percentage Yield (APY) through Galaxy Premium Yield. All investors can earn 4% APY on cash deposits and can auto-reinvest interest into bitcoin or other cryptocurrencies. CEO Mike Novogratz 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”, as per the report by Investing.com.

GalaxyOne products and mobile app

GalaxyOne works online and on mobile in the U.S. It has four main products: Galaxy Premium Yield for accredited investors ($25,000 minimum), GalaxyOne Cash for FDIC-insured high-yield deposits, GalaxyOne Crypto for trading bitcoin, ethereum, and solana, and GalaxyOne Brokerage for commission-free trading of U.S. stocks and ETFs.

The platform was first called Fierce and was acquired by Galaxy in 2024. Zac Prince is now the Managing Director, and former Fierce CEO Rob Cornish is Galaxy’s Chief Technology Officer. Galaxy Digital said GalaxyOne is part of its plan to become a “full-spectrum financial services provider” with regulated products for all investors, as per the report by Investing.com.

GalaxyOne competes with Robinhood and coinbase

CNBC reported GalaxyOne lets users buy and sell over 2,000 stocks and ETFs commission-free, along with cryptocurrencies like bitcoin and ether. The platform offers 4% APY on cash deposits for all investors and 8% yield investment notes for accredited investors with $25,000 minimum. Galaxy shares have more than doubled in 2025 because U.S. regulators have eased rules on digital assets.

GalaxyOne will compete with companies like Coinbase, Kraken, and Robinhood in cryptocurrency and stock trading. Galaxy emphasizes premium yield for accredited investors (8% APY) while also giving 4% APY for all users through GalaxyOne Cash, as per the report by Coinspeaker.



Galaxy aims to serve both large financial institutions and small individual accounts under $1,000. The platform initially supports trading only Bitcoin, Ethereum, and Solana. Zac Prince said, “…we think there’s a really interesting opportunity and a compelling product set that we can build for that ‘accredited investor’ profile.”

Kraken, a competitor, raised $100 million earlier this year to expand its services and prepare for a public listing. Kraken also bought NinjaTrader for $1.5 billion, added two million new users, and launched xStocks, tokenized shares of companies like Apple and Tesla, tradable on blockchains, as stated by Coinspeaker report.

FAQs

Q1. What is GalaxyOne by Galaxy Digital?

GalaxyOne is a new platform by Galaxy Digital that lets U.S. investors trade cryptocurrencies, stocks, and earn high-yield cash interest.

Q2. How much APY can I earn on GalaxyOne?

Accredited investors can earn 8% APY, and all investors can earn 4% APY on cash deposits, with options to reinvest into crypto.