Galaxy Digital has made a significant move in the financial world by launching GalaxyOne, a groundbreaking trading platform that caters to U.S. investors. This innovative app combines crypto, stock, and cash management tools, offering users a comprehensive suite of financial services all in one place. One of the standout features of GalaxyOne is the introduction of high-yield savings and investment options, including an impressive 8% annual percentage yield (APY) exclusively for accredited investors.
The platform aims to bring institutional-grade infrastructure to retail users, providing them with access to a range of financial products and services previously reserved for larger institutions. Users can benefit from a 4% APY on FDIC-insured cash deposits and an 8% APY on Galaxy Premium Yield Notes, powered by the firm’s $1.1 billion institutional lending desk. These returns are backed by Galaxy’s balance sheet and lending operations, ensuring stability and reliability for investors.
GalaxyOne’s launch puts Galaxy Digital in direct competition with mainstream trading apps by offering users the ability to trade popular digital assets such as Bitcoin, Ethereum, Solana, and Paxos Gold. Additionally, the platform provides commission-free trading for over 2,000 U.S.-listed stocks and ETFs, expanding Galaxy’s reach beyond the crypto market. CEO Mike Novogratz highlighted the significance of this move, stating that they are bringing institutional expertise directly to individual investors.
The platform’s design emphasizes seamless integration between cash, crypto, and equities, allowing users to automatically reinvest their earnings from savings into supported digital assets for compound growth. GalaxyOne originated from the acquisition of Fierce, a mobile finance app, in December 2024. The app’s infrastructure and design principles were re-engineered to align with Galaxy’s broader financial and digital asset capabilities.
Zac Prince, head of GalaxyOne, emphasized the platform’s goal of solving the fragmented tools and inconsistent yields that have plagued retail investors for years. He stated that GalaxyOne was built to provide a unified environment where users can manage yield, trading, and portfolio growth together. The application is available on iOS, Android, and the web, with plans to introduce business accounts, staking features for assets like Solana, and new brokerage and lending products in the future.
In addition to the launch of GalaxyOne, Galaxy Digital has been actively expanding its presence in blockchain-based finance throughout 2025. The company made headlines with the introduction of “tokenized GLXY,” allowing holders of its SEC-registered Class A common stock to convert shares into tokens on Solana. This innovative move marks the first time a U.S.-listed equity has been made available natively on a public blockchain, opening up new possibilities for DeFi applications such as lending and trading.
Furthermore, Galaxy strengthened its institutional staking business through a partnership with crypto custodian Fireblocks, allowing more than 2,000 financial institutions to access Galaxy’s $3.15 billion staking platform directly from their custody vaults. The firm also closed its $175 million Galaxy Ventures Fund I, exceeding its target to support early-stage startups in tokenization, stablecoins, and payment infrastructure.
Galaxy’s Nasdaq listing in May was a significant milestone, with the firm reporting impressive growth in assets and net income. Despite earnings volatility, Galaxy continues to expand its operations, with plans to further develop its Helios data center and explore new ventures in the digital asset space.
Overall, Galaxy Digital’s launch of GalaxyOne and its continued expansion in blockchain-based finance demonstrate the company’s commitment to innovation and growth in the financial sector. With a focus on providing retail investors with access to institutional-grade services and cutting-edge financial products, Galaxy Digital is poised to make a significant impact in the industry.