Galaxy Launches GalaxyOne With 8% Crypto Yield
Galaxy Launches GalaxyOne Platform Offering 8% Yield To Challenge Robinhood And Coinbase
Galaxy Digital has officially launched GalaxyOne, a retail-focused fintech platform that combines crypto and equities trading with high-yield cash accounts, positioning the company to compete directly with Robinhood, Coinbase, and other established players in the retail market.
The move marks a major strategic shift for Galaxy, which until now has primarily catered to institutional clients, family offices, and high-net-worth individuals.
GalaxyOne Bridges Traditional Finance And Crypto
According to Monday’s press release, GalaxyOne offers 4% annual percentage yield (APY) on FDIC-insured deposits for all users and 8% APY through its Galaxy Premium Yield program for accredited investors.
The yield products are not promotional but backed by Galaxy’s $1.1 billion institutional lending book, demonstrating the firm’s ability to deliver sustainable returns.
Mike Novogratz, Founder and CEO of Galaxy, said:
“We’ve spent years building institutional-grade infrastructure for the world’s most sophisticated investors. Now, we’re extending that edge to individuals. GalaxyOne advances our mission of creating a transparent, trusted, and regulated financial ecosystem accessible to everyone.”
GalaxyOne integrates four key products:
- Galaxy Premium Yield – 8% APY for accredited investors.
- High-yield FDIC-insured cash accounts (4% APY).
- Crypto trading covering Bitcoin, Ethereum, and Solana.
- Commission-free trading for over 2,000 U.S. stocks and ETFs.
Users can automatically reinvest yield from their cash accounts into Bitcoin or other supported crypto assets, compounding returns without manual action.
Competing In A Crowded Retail Market
The launch places GalaxyOne in direct competition with leading fintech platforms. Robinhood currently claims over 24 million funded accounts, while Coinbase serves more than 108 million verified users globally.
Galaxy differentiates itself through its yield-based financial products, a category largely unavailable on competing retail platforms.
- Galaxy Premium Yield requires a $25,000 minimum investment, with a $1 million per-investor cap and $250 million total program limit.
- The 4% cash account, offered via Cross River Bank and insured up to $250,000 by the FDIC, significantly exceeds interest rates offered by most consumer apps.
Interest accrues daily and is paid monthly directly into GalaxyOne accounts.
Zac Prince, Managing Director at Galaxy and head of GalaxyOne, said in a blog post:
“GalaxyOne delivers a unified opportunity to earn yield on cash, trade crypto, and invest in U.S. equities — all supported by Galaxy’s institutional-grade oversight and financial discipline.”
Prince, who previously founded BlockFi, joined Galaxy in 2024 after BlockFi’s bankruptcy following FTX’s collapse. Galaxy acquired Fierce, a retail trading app, that now serves as the foundation for GalaxyOne.
Product Roadmap And Future Expansion
GalaxyOne is now available on iOS, Android, and web, offering full portfolio management across devices. The roadmap includes:
- Business and retirement accounts (Traditional & Roth IRAs),
- Staking services for yield generation on Solana and other assets,
- Stock lending programs for passive income.
These features align Galaxy’s retail offerings with major brokerages like Fidelity and Charles Schwab, while maintaining a crypto-first approach.
However, regulatory oversight of crypto yield products remains a key challenge. After the collapse of Celsius Network, Voyager Digital, and BlockFi, the SEC has charged several companies for offering unregistered securities through yield-bearing accounts.
Galaxy aims to avoid similar pitfalls by structuring Premium Yield as investment notes available only to accredited investors — a compliant structure that provides regulatory clarity.
Financial Strength And Market Position
Galaxy reported $411 million in Q2 2025 revenue, highlighting its scale and operational capacity to support retail expansion.
The company’s institutional lending infrastructure gives it a unique edge over pure-play trading platforms that rely on commissions or payment-for-order-flow.
Still, GalaxyOne faces an uphill battle in user acquisition, especially among younger retail investors accustomed to gamified experiences on apps like Robinhood.
As competition intensifies, with traditional brokers adding crypto features and crypto-native firms expanding into equities, Galaxy’s integrated model — blending regulated yield, crypto trading, and traditional finance — could set a new standard for digital wealth management.
Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.