BlockBeats News, October 6th, Galaxy Digital announced the official launch of GalaxyOne — a new personal finance platform and application that integrates a 4% interest-bearing cash account, cryptocurrency custody and trading, commission-free trading of U.S. stocks and ETFs.
After the platform goes live, U.S. users who meet KYC requirements can buy, hold, and transfer Bitcoin, Ethereum, Solana, and Paxos Gold. A Galaxy Digital spokesperson told The Block that the company plans to gradually expand the types of tokens supported on the platform, allowing users to freely deposit and withdraw digital assets. The platform also supports commission-free trading of over 2,000 U.S. stocks and ETFs.
This release marks Galaxy Digital, traditionally focused on institutional business, officially entering the retail market. GalaxyOne’s service offering is becoming similar to financial technology platforms such as competitors Robinhood, eToro, and Cash App.
