Galaxy has launched GalaxyOne, a unified wealth platform combining high-yield FDIC-insured cash accounts, crypto and equity trading, and institutional-grade investment products to help individuals manage and grow their portfolios seamlessly. [RELEASE]

The message is clear: A neobank app combining cash, crypto, and equities directly challenges Robinhood and traditional, fragmented finance apps.

Why it matters: Most retail investors still juggle siloed apps, stocks & ETFs, trading, crypto wallets, while professional platforms run on seamless, risk-aware infrastructure. GalaxyOne gives everyday investors access to the same architecture, transparency, and operational rigor institutions rely on. That means 4% APY on FDIC-insured cash (8% for accredited investors via Galaxy Premium Yield), automated reinvestment into crypto, and a broad selection of U.S.-listed equities, ETFs, and digital assets, all with one super app.

The market immediately validated this strategy, with Galaxy Digital Holdings (NASDAQ: ) stock experiencing a strong surge of 7% to 8.4% in premarket trading following the announcement.

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What’s happening

GalaxyOne was built on Galaxy’s 2024 acquisition of Fierce for $12.5M, led by Zac Prince (former BlockFi co-founder) as Managing Director. The platform offers four core products:

  • Galaxy Premium Yield: 8% APY for accredited investors ($25K minimum, $1M maximum per investor, $250M total cap)

  • GalaxyOne Cash: 4% APY FDIC-insured deposits via Cross River Bank

  • GalaxyOne Crypto: Real-time trading of BTC, ETH, SOL, PAXG with automatic reinvestment capabilities

  • GalaxyOne Brokerage: Commission-free trading of 2,000+ US stocks and ETFs with fractional shares