Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) shares climbed 8.4% in premarket trading Monday after the company unveiled GalaxyOne, a new financial technology platform designed to give U.S. individual investors access to high-yield cash accounts as well as crypto and equities trading.
Through Galaxy Premium Yield, accredited investors can earn an 8.00% Annual Percentage Yield (APY), while all users have the opportunity to earn 4.00% APY on their cash balances. The platform also offers the option to automatically reinvest earned interest into bitcoin or other supported cryptocurrencies.
“We’ve spent years building institutional-quality infrastructure to serve the world’s most sophisticated investors. Now, we’re extending that edge to individuals,” said Mike Novogratz, Founder and CEO of Galaxy Digital.
The GalaxyOne platform, now available online and via mobile across the U.S., features four main offerings:
Galaxy Premium Yield, providing 8.00% APY for accredited investors with a $25,000 minimum investment.
GalaxyOne Cash, offering FDIC-insured, high-yield deposits.
GalaxyOne Crypto, enabling trading of digital assets such as bitcoin, ethereum, and solana.
GalaxyOne Brokerage, which supports commission-free trading of U.S. stocks and ETFs.
The platform was initially developed under the name Fierce, which Galaxy acquired in 2024. It is now led by Zac Prince, Managing Director at Galaxy, with former Fierce CEO Rob Cornish continuing in his role as Galaxy’s Chief Technology Officer.
Galaxy Digital said the launch marks a major step in its plan to evolve into a “full-spectrum financial services provider,” offering regulated, investor-focused products across all segments of the market.
Galaxy Digital Holdings stock price
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