Reported 3 days ago
Galaxy Digital's shares surged 8% following the launch of GalaxyOne, a platform designed for retail investors that combines cash, crypto, and equity investments. With annual yields of 4% on cash deposits and up to 8% for accredited investors, the app provides access to FDIC-insured accounts, crypto trading, and U.S. stocks. This move positions Galaxy to compete directly with Robinhood and Coinbase in the retail investment space, leveraging its institutional background to attract users.
Source: YAHOO