Galaxy Digital has officially launched GalaxyOne, a new trading platform that brings together tools for trading cryptocurrencies, stocks, and managing cash in the U. S people who put money into something to make a profit. The app offers good savings and investment choices, including an 8% annual interest rate for approved investors.

The company says GalaxyOne is made to provide high-quality services to regular users. The platform gives 4% interest on cash deposits that are insured by the FDIC and 8% interest on Galaxy Premium Yield Notes, which are supported by the company’s $1. 1 billion lending business.

Galaxy stated that the returns come from its financial reserves and lending activities, rather than from special deals or temporary rates.

GalaxyOne Launches, Competing Directly with Popular Trading Apps

When it starts, GalaxyOne lets users trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Paxos Gold (PAXG). More digital currencies will be added soon. It also allows you to trade more than 2,000 U. S stocks and ETFs without paying a commission, which helps Galaxy reach more than just the crypto market.

CEO Mike Novogratz said that this move is a big step in sharing Galaxy’s expert knowledge with everyday investors. “We’re giving people the tools that support organizations,” Novogratz said.

The platform is designed to bring together cash, cryptocurrency, and stocks. Users can automatically put their earnings from savings back into supported digital assets, helping their money grow without needing to make manual transfers.

Galaxy wants to create one place where users can easily handle their earnings, trading, and the growth of their investments all in one.

GalaxyOne started as Fierce, a mobile finance app that Galaxy bought in December 2024 for $12. 5 The purchase brought in Fierce’s original development team, which is led by former CEO Rob Cornish. He is now the Chief Technology Officer at Galaxy.

The company said it changed the app’s structure and design to better match Galaxy’s overall finance and digital asset features.

Zac Prince, the leader of GalaxyOne, said the launch aims to fix a big issue for regular investors: having different tools that don’t work well together and getting uneven returns. “Investors have been given tools that say they will work well together, but instead, they only keep things separate,” Prince said in a statement when they launched. “GalaxyOne was created to fix that. ”

The launch also means Galaxy is starting to offer investment services, putting it in direct competition with Robinhood, eToro, and Cash App, which already provide mixed trading options.

GalaxyOne said their app can be used on iOS, Android, and the internet. They plan to add business accounts, options to earn rewards from assets like Solana, and new services for buying and lending in the future.

Galaxy Digital is focusing on digital shares and growth for big institutions as it plans to expand strongly in 2025.

Galaxy Digital is growing in blockchain finance with important steps in 2025, such as its first listing on Nasdaq, new projects for creating tokens, and more services for big companies.

In September, the company introduced “tokenized GLXY,” which lets people who own its Class A common stock to turn their shares into tokens on the Solana blockchain using Superstate, the company’s digital transfer agent.

Each tokenized GLXY stands for a legal share, making it the first time a stock listed in the U. S is available directly on a public blockchain. Only approved investors can keep the tokens to follow rules about knowing your customers and preventing money laundering.

This action comes after a filing by Galaxy in August, where they announced their plans to use blockchain technology to change their ownership into digital tokens. This is part of a larger plan to connect blockchain with regular markets.

CEO Mike Novogratz said this project could create new opportunities for DeFi tools like borrowing and trading.

Earlier this year, Galaxy improved its institutional staking services by teaming up with the crypto storage company Fireblocks in July.

The partnership lets over 2,000 banks and financial companies use Galaxy’s $3. 15 billion staking platform directly from their secure storage. This helps Galaxy grow its services.

In June, Galaxy Asset Management finished raising $175 million for its Galaxy Ventures Fund I, which is more than they aimed for. This fund will help early-stage startups that work on things like tokenization, stablecoins, and payment systems. The fund has already put money into projects like Monad, Ethena, and Rail.

Galaxy’s listing on Nasdaq in May marked a significant change in the first half of the year. The company said it has $9. 1 billion in assets for the second quarter, which is 43% more than the last quarter. It also earned $30. 7 million, bouncing back from a loss in the first quarter.

Even though earnings fluctuated, Galaxy had a record month for digital asset activities in July and is still growing its Helios data center. CoreWeave has agreed to use the entire 800-megawatt capacity.