Reported 2 days ago
Mike Novogratz's Galaxy Digital has launched GalaxyOne, a retail trading app that combines cash yields, crypto access, and commission-free stock trading. With features like a 4% annual yield on cash accounts and trading capabilities for Bitcoin, Ethereum, and Solana, GalaxyOne positions itself against Robinhood, targeting a more mature investor demographic. Following the app's announcement, Galaxy's stock saw a significant rise, signaling strong competitive pressure in the US retail finance market.
Source: YAHOO