Galaxy Digital Expands with GalaxyOne Platform, Competing with Robinhood, Coinbase, and SoFi Technologies.

Galaxy Digital has launched GalaxyOne, a platform offering yield on cash, crypto trading, and U.S. equities. This move expands into retail fintech and digital assets, competing with Robinhood, Coinbase, and SoFi Technologies. GalaxyOne offers 8% APY for accredited investors, a 4% FDIC-backed deposit account, and commission-free trading of U.S. stocks and ETFs. The platform positions Galaxy alongside fintech and crypto peers, merging institutional-grade infrastructure with retail accessibility.

Galaxy Digital has made a significant stride into the retail finance market with the launch of GalaxyOne, a comprehensive platform designed to merge traditional finance with digital assets. The new app offers a suite of features that cater to both everyday investors and accredited participants, positioning Galaxy Digital alongside established fintech and crypto peers.

GalaxyOne includes a 4% cash account, secure crypto storage and trading capabilities, and commission-free access to over 2,000 U.S. equities and ETFs. This marks a bold move for the company, which has traditionally served institutional clients. At launch, verified users across the United States can buy, hold, and transfer popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Paxos Gold (PAXG). The platform also supports fractional share trading, allowing users to invest in high-value stocks without requiring large sums of money.

For accredited investors, GalaxyOne offers Galaxy Premium Yield, an investment product with an 8% annual percentage yield (APY). This high-yield option is backed by Galaxy’s institutional lending business but is not FDIC-insured, carrying a higher level of risk. The launch of GalaxyOne represents a strategic pivot for Galaxy Digital, leveraging its institutional-grade infrastructure to reach retail investors.

The introduction of GalaxyOne comes amidst a record week for crypto ETFs, which saw nearly $6 billion in inflows, pushing total assets under management to an all-time high of $254 billion The Daily: Crypto ETPs log record $6 billion weekly inflows, Galaxy launches new crypto and stock trading platform, and more^[2]. This trend underscores the growing interest and investment in digital assets, providing a favorable environment for platforms like GalaxyOne to expand.

Galaxy Digital’s entry into the retail market follows its acquisition of Fierce, a finance super-app, in December 2024. The acquisition allowed the company to quickly leverage an already tested consumer-focused platform, further accelerating its move into the retail sector Galaxy Digital Launches GalaxyOne: A New Platform Merging Crypto, Stocks, and 4% Cash Accounts^[3].

With GalaxyOne, Galaxy Digital joins a competitive landscape that includes well-known fintech platforms like Robinhood, eToro, and Cash App. The platform's ability to offer commission-free trading and fractional share investing positions it as a strong contender in the retail investment market.

As Galaxy Digital continues to expand its retail reach, it remains committed to leveraging its institutional strengths to provide robust and accessible financial services to everyday investors. The launch of GalaxyOne signifies a significant milestone in the company’s evolution, demonstrating its commitment to bridging the gap between traditional finance and digital assets.