Core Insights - Galaxy Digital shares increased by approximately 10% following the launch of its new trading platform, GalaxyOne, which allows commission-free trading of over 2,000 stocks, ETFs, and cryptocurrencies [1] Group 1: Platform Features - GalaxyOne offers commission-free buying and selling of more than 2,000 stocks and exchange-traded funds, in addition to cryptocurrencies like bitcoin and ether [1] - The platform includes yield-bearing accounts, providing a 4% annual percentage yield on cash deposits and an 8% yield investment note for accredited investors with a minimum investment of $25,000 [2] Group 2: Market Performance - Galaxy Digital's shares have more than doubled in value this year, attributed to a relaxation in federal regulatory oversight of digital assets [2]
Mike Novogratz's Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood