Galaxy Digital has introduced GalaxyOne, a new consumer financial platform spearheaded by former BlockFi CEO Zac Prince. The platform offers a range of services including high-yield cash accounts, cryptocurrency trading, and commission-free stock brokerage. GalaxyOne features a 4% APY cash account insured by Cross River Bank and the FDIC for up to $250,000, alongside an 8% APY product for accredited investors. Prince highlighted a more conservative strategy, focusing on enhanced risk management and regulatory compliance, following BlockFi's collapse in 2022.