Mike Novogratz’s Galaxy Introduces GalaxyOne for US Users to Access Crypto and Up to 8% Yield

Mike Novogratz’s Galaxy Digital has officially launched GalaxyOne, a U.S.-focused financial technology platform that combines high-yield cash accounts, cryptocurrency trading, and commission-free stock and ETF trading in a single interface. 

Accredited US investors can access 8% annual percentage yield (APY) through Galaxy Premium Yield, while all investors can earn 4% APY on cash deposits. The platform allows users to auto-reinvest earned interest into Bitcoin and other supported cryptocurrencies, providing a consolidated experience for crypto and traditional asset trading.

GalaxyOne Brings Institutional Infrastructure to Individual Investors

GalaxyOne represents a significant move for Galaxy Digital, traditionally an institutional-focused investment firm, into the retail market. The platform extends Galaxy’s infrastructure, originally designed for large-scale investors, to U.S.-based individuals seeking diversified financial exposure.

"We've spent years building institutional-quality infrastructure to serve the world's most sophisticated investors. Now, we're extending that edge to individuals," Mike Novogratz, Founder and CEO of Galaxy, said. "Importantly, GalaxyOne advances our mission of becoming a full-spectrum financial services provider that builds trusted, regulated, and accessible products for all market segments."

Crypto and Stock Trading on a Single Platform

GalaxyOne allows users to trade Bitcoin, Ethereum, and Solana directly from their wallets. Asset transfers on and off the platform are unrestricted, giving users full custody of their digital holdings.

The brokerage component supports thousands of U.S.-listed equities and ETFs, providing a zero-commission structure and fractional trading with low minimum requirements. These features align GalaxyOne with established fintech platforms such as Robinhood, eToro, and Cash App but maintain Galaxy’s focus on compliance and institutional-grade oversight.

Core Products at Launch

GalaxyOne launches with four main products tailored to U.S. investors, each offering different risk and yield profiles:

1. Galaxy Premium Yield allows accredited investors to earn 8% APY through an investment note issued by Galaxy Digital LP. The yield is generated via Galaxy’s institutional lending business, operational since 2018. Investments require a $25,000 minimum and are capped at $1 million per investor, with a total initial investment cap of $250 million. Interest accrues daily and is paid monthly into the GalaxyOne Cash account.

2. GalaxyOne Cash provides 4% APY on high-yield cash deposits, FDIC insured up to $250,000. The account is managed through Cross River Bank, enabling users to earn interest safely while maintaining liquidity.

3. GalaxyOne Crypto supports trading, holding, and transferring major digital assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The platform offers transparent pricing, recurring purchase options, and real-time execution for users.

4. GalaxyOne Brokerage allows commission-free trading of over 2,000 U.S. stocks and ETFs. Users can open individual brokerage accounts and traditional or Roth IRAs. Fractional share trading is available with a $10 minimum per trade. Clients can also participate in the GalaxyOne Stock Lending program to earn passive income by lending eligible stocks.

Background and Development

GalaxyOne was developed from a platform initially called Fierce, acquired by Galaxy in 2024. Zac Prince, Managing Director at Galaxy, leads the platform along with Fierce’s original development team. Former Fierce CEO Rob Cornish continues as Chief Technology Officer for GalaxyOne.

The platform operates alongside GalaxyOne Institutional, sharing infrastructure, security protocols, and risk management practices. GalaxyOne is available on mobile devices (iOS and Android) and online, catering specifically to U.S. investors who meet know-your-customer (KYC) requirements.

Yield Products and Accessibility

GalaxyOne differentiates its offerings by segmenting yield products based on investor qualifications. Accredited investors—roughly 12.6% of the U.S. population per the SEC—can access Galaxy Premium Yield at 8% APY. This yield is backed by Galaxy’s institutional lending operations but is not FDIC insured.

For all U.S. users, GalaxyOne Cash offers 4% APY, fully FDIC insured. This contrasts with many crypto exchange accounts, which offer rewards on stablecoins but do not provide the legal protection of traditional deposit accounts. Users can choose to automatically reinvest earned interest into cryptocurrencies, linking traditional cash accounts to the platform’s digital asset offerings.

Risk Management and Security

Galaxy emphasizes institutional standards for security and risk management. All transactions are monitored through Galaxy’s proprietary systems. Yield generation is carefully managed through established lending strategies, and FDIC-insured accounts protect user deposits against bank defaults up to legal limits.

Despite these safeguards, investors should note the differences between the 8% APY product, which is not FDIC insured, and the 4% cash product, which is. Users must also meet eligibility requirements for accredited investor status to access premium yields.

Technical Features and Platform Experience

Users interact with GalaxyOne through mobile and web interfaces, with real-time charts, trading execution, and portfolio management tools. Key technical capabilities include:

• Daily interest accrual and monthly payouts for yield products
• Transparent pricing and recurring crypto purchases
• Commission-free equity trading and fractional shares
• Stock lending for passive income
• Wallet-based custody with full control over digital assets

These features combine institutional discipline with user-centric design to deliver a unified trading and investment experience.

Conclusion

GalaxyOne integrates multiple financial functions into a single platform for U.S. investors. It allows accredited and non-accredited users to earn yields, trade cryptocurrencies, and access thousands of U.S. stocks and ETFs. 

The platform leverages Galaxy Digital’s institutional infrastructure for risk management and operational reliability. While GalaxyOne limits certain offerings based on investor status, it provides a consolidated solution for those seeking both crypto and traditional financial exposure within one regulated environment.

Resources:

1. Press release - Galaxy Launches GalaxyOne, Bringing Institutional-Quality Financial Offerings to Individual Investors: https://www.prnewswire.com/news-releases/galaxy-launches-galaxyone-bringing-institutional-quality-financial-offerings-to-individual-investors-302575542.html

2. Galaxy Digital X platform: https://x.com/galaxyoneapp

3. Galaxy launches GalaxyOne platform offering crypto, stocks, and 8% yields to US users - report by The Block: https://www.theblock.co/post/373468/galaxy-launches-galaxyone