Galaxy Digital’s Stock Jumps by More than 7% As Crypto Financial Services Giant Rolls Out All-in-One Trading App to Compete with Robinhood
The crypto financial services giant Galaxy Digital is now in direct competition with the retail trading powerhouse Robinhood.
On Monday, Mike Novogratz’s firm rolled out “GalaxyOne,” a new all-in-one platform that offers individual investors crypto and equities trading and yields on cash.
Galaxy notes that accredited investors can access 8.00% Annual Percentage Yield (APY) through a “Premium Yield” product, while all investors can earn 4.00% APY on cash deposits.
The new platform supports more than 2,000 stocks and exchange-traded funds (ETFs), as well as Bitcoin ( BTC ), Ethereum ( ETH ), Solana ( SOL ) and PAX Gold ( PAXG ), an Ethereum-based token backed by physical gold and issued by blockchain infrastructure platform Paxos.
Zac Prince, the head of GalaxyOne, says the platform also plans to add business accounts and crypto staking in the future.
“For too long, individual investors have been stuck with fragmented, underpowered tools. They’ve been offered checking accounts that barely pay interest. Trading platforms with no connection to the rest of their financial lives. So-called all-in-one apps that promise integration but deliver silos, over-gamification, and unnecessary market noise. That’s the gap we aim to close.”
Galaxy Digital’s stock, GLXY, is up 7.58% on Monday at time of writing. The stock is also up 13.64% in the past five days and more than 60% in the past month.
Featured Image: Shutterstock/Space creator/Natalia Siiatovskaia
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dash's Price Soars 150%: Temporary Volatility or the Start of a Lasting Rally?
- Dash (DASH) surged 150% in June 2025, driven by Platform 2.0 upgrades, institutional adoption, and pro-crypto policies. - Institutional inflows ($780M+), cross-chain interoperability, and retail payment integrations boosted DASH's utility and speculative demand. - Privacy features and 0.80 Bitcoin correlation fueled gains, but 77% PrivateSend opacity and regulatory risks question sustainability. - DASH's future hinges on balancing privacy-transparency trade-offs, macroeconomic clarity, and expanding merc
Investing in Educational Technology as Demand for AI and STEM Expertise Grows
- Global EdTech market valued at $277.2B in 2025 is projected to surge to $907.7B by 2034, driven by AI integration in personalized learning and VR/AR tools. - Investors prioritize platforms aligning academic programs with AI/STEM workforce needs, achieving 20-75% higher ROI through systemic AI adoption across institutions. - Case studies like MIT's $350M AI college and OpenClassrooms' 43,000 career-advancing learners demonstrate scalable ROI from workforce-aligned education models. - Despite uneven AI int
Zcash’s Unpredictable Rise: Immediate Drivers and Future Outlook for Privacy
- Zcash (ZEC) rebounded 20% after a 55% drop, testing $375 as liquidity events and technical indicators fueled short-term optimism. - RSI/MACD signals suggest potential $475 breakout if bulls reclaim $375, though ZEC remains 57% below its 2025 peak. - Institutional adoption grows with Grayscale Zcash Trust assets surging 228%, driven by optional privacy tech attracting both retail and institutional users. - Regulatory scrutiny under MiCA and FinCen rules, plus Zcash's hybrid privacy model vs. Monero/Dash,
Zcash Halving and Its Impact on the Cryptocurrency Market
- Zcash’s 2028 halving will reduce block rewards by 50%, mirroring Bitcoin’s scarcity-driven model. - Historical data shows pre-halving price surges, fueled by FOMO and social media-driven hype cycles. - Behavioral economics highlight crypto markets’ reliance on narratives over fundamentals, with sentiment driving 30% of short-term price swings. - Zcash faces adoption challenges despite robust privacy tech, as regulatory uncertainty and competition limit its market share growth. - The 2028 event tests whet
Trending news
MoreCrypto prices
More
