Galaxy Digital, led by billionaire Mike Novogratz, has launched GalaxyOne, a brand new fintech platform providing professional-grade monetary merchandise to particular person buyers within the U.S.
Obtainable on iOS, Android, and internet, the platform unifies crypto buying and selling, U.S. inventory investing, and high-yield financial savings right into a single digital expertise.
Yield Choices for All Kinds of Buyers
Notably, GalaxyOne provides two predominant merchandise for buyers in search of to earn curiosity. The primary is Galaxy Premium Yield, designed for accredited U.S. buyers. Members can earn as much as 8.00% APY via a observe issued by Galaxy Digital LP.
Galaxy’s lending enterprise backs this providing, with a $25,000 minimal and $1 million most per investor. The agency can pay curiosity month-to-month, capping the entire program at $250 million.
The second product, GalaxyOne Money, provides 4.00% APY on money held in an FDIC-insured account via Cross River Financial institution. Curiosity is calculated day by day and could be robotically reinvested into cryptocurrencies similar to Bitcoin, Ethereum, or Solana.
Unified Platform for Crypto and Equities
Past high-yield financial savings, GalaxyOne supplies entry to:
Crypto Buying and selling & Custody: At launch, customers can purchase, maintain, and switch Bitcoin, Ethereum, and Solana, with extra property coming quickly.
Inventory & ETF Buying and selling: Entry over 2,000 U.S. shares and ETFs with zero-commission buying and selling. Options embody fractional shares and help for each conventional and Roth IRAs.
Inventory Lending Program: Earn passive earnings by lending eligible U.S. shares via GalaxyOne’s built-in lending function.
With all of this in a single place, GalaxyOne goals to bridge conventional finance and digital property, giving customers a unified solution to develop and handle their wealth.
From Institutional Spine to Retail Frontline
Mike Novogratz, CEO of Galaxy Digital, stated the corporate spent years constructing instruments for top-tier buyers. Now, they’re bringing that very same high quality to on a regular basis customers.
Notably, GalaxyOne started as a finance app referred to as Fierce, which Galaxy acquired for $12.5 million in 2024. The Fierce staff now leads GalaxyOne, with Zac Prince serving as Managing Director and former Fierce CEO Rob Cornish as CTO.
Prince says GalaxyOne is constructed to fulfill the wants of recent buyers, providing greater yields, easy entry, and a platform that connects conventional and crypto finance—all backed by Galaxy’s trusted infrastructure.
Notably, GalaxyOne’s launch locations Galaxy Digital in direct competitors with fintech leaders like Robinhood and Money App. In the meantime, what units it aside is its high-yield choices and banking-grade infrastructure.
Notably, yield-bearing stablecoins aren’t accessible at launch, attributable to U.S. rules underneath the GENIUS Act. Nonetheless, Galaxy has hinted at a roadmap forward, with extra property and options coming quickly.
DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article might embody the creator’s private opinions and don’t mirror The Crypto Primary opinion. Readers are inspired to do thorough analysis earlier than making any funding choices. The Crypto Primary just isn’t liable for any monetary losses.
