Galaxy Digital stock soars 7%, after launching GalaxyOne platform - takes on Robinhood

Galaxy Digital launched GalaxyOne, a new platform for U.S. investors to trade stocks, ETFs, and cryptocurrencies. Users can earn high-yield cash interest with 4% APY, while accredited investors get 8% APY. The platform works online and on mobile and competes with Robinhood, Coinbase, and Kraken, aiming to offer easy trading and better financial services for all types of investors.