Galaxy Digital, a major player in the digital asset and financial services industry, has officially launched GalaxyOne, a next-generation consumer finance app for U.S. customers. GalaxyOne was developed after Galaxy acquired Fierce in 2024, integrating Fierce’s technology and expertise into its platform. The platform combines high-yield savings, cryptocurrency trading, and commission-free U.S. stock investing into a single, user-friendly product suite accessible via both mobile and web. Unlike other apps that only promise integration, GalaxyOne truly delivers on the promise integration by unifying high-yield savings, crypto, and stock investing in one seamless app.
Key Takeaways: Investing Involves Risk
- GalaxyOne offers up to 8% Annual Percentage Yield (APY) for accredited investors
- 4% APY high-yield cash accounts available to all users, backed by FDIC insurance up to $250,000 (deposits are held at Cross River Bank, member FDIC; river bank member fdic, cross river bank member). The high yield cash account is not a traditional bank deposit and is not bank guaranteed.
- Users can buy, sell, and hold major cryptocurrencies and over 2,000 U.S. stocks and exchange-traded funds (ETFs)
- The platform aims to bring institutional-grade financial tools to individual investors
- Investing involves risk, including the potential loss of principal. Certain investment products are not registered under the Securities Act of 1933 and may not be offered or sold in the United States without proper registration or exemption.
Bridging Traditional Finance and Digital Assets
The rollout of GalaxyOne represents a significant leap in the democratization of financial tools historically reserved for large institutions. Galaxy Digital, led by CEO Mike Novogratz, is leveraging years of infrastructure development to empower individual investors.
GalaxyOne is designed to offer the flexibility and returns of digital finance while maintaining the regulatory standards, security, and risk management of traditional banking. It is available across iOS, Android, and web platforms, catering to a broad range of investors seeking convenience and robust features.
Users should be aware that both digital and traditional investments may involve regulatory fees and can result in individual tax obligations. To fully understand how certain actions, such as trading or reinvesting, may trigger taxable events, it is advisable to consult a tax advisor.
Product Features at a Glance
- Galaxy Premium Yield: Accredited U.S. investors can access yields up to 8% APY through a special investment note, which is an investment product and part of the platform’s securities products, with a $25,000 minimum and $1 million cap per person. The total cap for the product is set at $250 million.
- GalaxyOne Cash: All users can access FDIC-insured, high-yield cash deposit accounts offering 4% APY, with banking services provided by Cross River Bank. Users can make cash deposits in fiat cash, and the account supports auto-reinvesting into supported crypto assets, including Bitcoin and other supported crypto.
- Crypto Trading: Buy, hold, transfer, and trade crypto, including leading cryptocurrencies like Bitcoin, Ethereum, and Solana. The platform supports recurring purchases, real-time market execution, transparent pricing, and enables users to execute crypto transactions with the transparency of applicable blockchain transactions.
- Stock & ETF Brokerage: Commission-free trading on thousands of U.S. stocks and ETFs, with support for traditional and Roth IRAs. GalaxyOne brokerage accounts are available, and fractional trading is supported for certain eligible securities, with a low entry point of $10.
- Stock Lending: Investors can earn passive income by lending eligible securities to other market participants. Business accounts are also supported for institutional clients.
To access certain features, users must successfully complete KYC verification.
Brokerage services are provided through a registered broker dealer.
Wire transfer fees, foreign transaction fees, and other fees may apply to certain transactions.
Security and Protection
GalaxyOne places the utmost importance on safeguarding users’ digital assets and personal information. The platform employs advanced encryption protocols and partners with Paxos Trust Company—a New York State-chartered trust company regulated by the New York Department of Financial Services—to provide secure custodial wallets for digital assets. This partnership ensures that users’ crypto holdings are protected under some of the most rigorous regulatory standards in the industry. For banking services, GalaxyOne collaborates with Cross River Bank, a member FDIC institution, to offer high-yield cash accounts with FDIC insurance coverage up to $250,000. By adhering to strict securities laws and regulatory requirements, GalaxyOne delivers a secure environment for multi-asset investing, including crypto trading and yield cash products. Users can invest with confidence, knowing their assets are protected by industry-leading security measures and regulatory oversight.
User Experience and Support
GalaxyOne is crafted to deliver a seamless and intuitive experience for modern investors. The platform’s unified portfolio management dashboard allows users to effortlessly monitor and manage their cash, yield, crypto, and equity holdings in one place. Features like automated recurring buys and auto-reinvest make it simple to grow investments across multiple asset classes, including participation in certain private securities offerings. GalaxyOne’s comprehensive risk disclosure ensures that users are fully informed about the nature of their investments, empowering them to make decisions aligned with their financial goals. For additional support, the U.S. Client Services team is readily available online, in-app, or by phone, providing expert guidance and assistance. Whether you’re exploring new asset classes or managing your existing portfolio, GalaxyOne’s user-friendly interface and robust support make investing accessible and straightforward.
Target Audience
GalaxyOne is tailored for a diverse range of individual investors, from retail investors to accredited investors seeking a unified financial technology platform for digital assets, U.S. equities, and cash management. The platform is ideal for those looking to earn passive income through competitive yield products like Galaxy Premium Yield, which offers an impressive 8.00% annual percentage yield (APY) for accredited investors. With support for multi-asset investing, including crypto assets, certain eligible securities, and retirement accounts, GalaxyOne simplifies the investment process for users at every stage. Whether you’re interested in trading crypto, accessing premium yield opportunities, or building a diversified portfolio of eligible securities, GalaxyOne provides the tools and flexibility to help you achieve your investment objectives and earn passive income.
Backed By Galaxy Digital and Industry Leaders
GalaxyOne was originally developed as Fierce, acquired by Galaxy Digital in 2024. Galaxy Digital LP is the institutional entity supporting the development and launch of GalaxyOne. The team, led by Managing Director Zac Prince and Chief Technology Officer Rob Cornish, brings deep financial and technological expertise. The app sits alongside Galaxy’s institutional offerings, built to the same standards of security and reliability.
A New Era of Financial Access
The launch of GalaxyOne signals a growing expectation among investors for platforms offering seamless access to yield, digital assets, and equity trading all in one place. Galaxy Digital’s entry into this space may increase competition with industry stalwarts like Robinhood, aiming to set a new benchmark for consumer finance by blending robust product options with high yields and trusted security.
Individual participation is limited by regulatory requirements—such as accreditation for certain yield products—and investors are reminded of the risks associated with crypto investments and the need for careful tax planning regarding returns. Certain investment products are not available in the United States absent registration with the SEC, and may not be offered to all investors due to securities laws. Additionally, these products may carry significant risk due to market volatility and regulatory changes.
Getting Started
Getting started with GalaxyOne is quick and user-friendly. Prospective users can open an account by visiting the GalaxyOne website or downloading the mobile app. The onboarding process includes successfully completing KYC verification, which requires submitting identification and personal information to ensure compliance and security. Once verified, users can fund their accounts and begin investing in a variety of assets, including high-yield cash accounts, digital assets, and U.S. equities. GalaxyOne supports commission-free trading and fractional share trading, making it easy to start investing with any budget. The platform also offers educational resources and support materials to help users navigate features and maximize their investment potential. Backed by Galaxy Digital Inc.—a global leader in digital assets and data center infrastructure—GalaxyOne delivers on its promise of integration, security, and innovation, marking just the beginning of a new era in personal finance.
What’s Next for GalaxyOne?
Galaxy Digital has hinted at an ambitious roadmap for GalaxyOne, with future enhancements likely to deepen its integration of traditional and digital assets. By pioneering an institution-grade experience for individual investors, GalaxyOne could influence the broader landscape of personal finance in the U.S. in the years ahead.
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