Galaxy Digital (NASDAQ: GLXY) has significantly expanded its institutional offerings with the launch of GalaxyOne for Business, a dedicated treasury solution for U.S.-based limited liability companies, trusts, and similar entities. This platform marks a strategic shift from primarily serving individual investors to supporting corporate treasury needs through a unified interface.
The new business account streamlines cash handling, investment brokerage, and cryptocurrency portfolio oversight. Key features include generating passive returns of up to 8% on cash balances through a premium yield program for accredited entities, alongside a commercial checking option yielding 3.25% annually. Businesses can automatically roll interest earnings into cryptocurrencies or U.S. stocks.
The platform enables seamless trading and secure custody of major digital currencies like Bitcoin, Ethereum, Solana, and PAX Gold via a partnership with Paxos Trust Company. Commission-free equity trading is facilitated through established brokerage partners, while Solana staking rewards—estimated at up to 6.5%—are available without platform fees until the end of 2026. Onboarding has been optimized into a single digital process that opens banking, brokerage, and crypto accounts simultaneously.
In a major institutional development, Galaxy Digital secured a pivotal role powering the staking backbone for BlackRock's iShares Staked Ethereum Trust ETF (ETHB). Galaxy ranks among just three selected validators for this rewards-bearing cryptocurrency exchange-traded product, which aims to pass a share of staking returns to shareholders monthly. This collaboration highlights Galaxy's established expertise in proof-of-stake networks.
By the close of 2025, Galaxy's digital infrastructure division managed $5 billion in staked assets spanning Ethereum, Solana, and other protocols. The company has also established custodian partnerships with firms like BitGo, Zodia Custody, Fireblocks, and Coinbase Prime, validating its institutional-grade standards.
Regarding retail strategy, GalaxyOne Head Zac Prince expressed that prediction markets are not a priority for the platform, which is instead focused on building long-term wealth through staking and yield products. "For individual consumers, I'm not particularly excited about it versus other things we have on our roadmap," Prince told Decrypt. The platform recently added Solana staking support and plans to support Ethereum staking in the future, with lending services that will allow investors to borrow against staked assets while still earning rewards.
