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Is This Crypto Investment Company Taking on Robinhood?

TheMotleyFool

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Is This Crypto Investment Company Taking on Robinhood?

Robinhood Markets (NASDAQ: HOOD) disrupted the financial services market when it created its commission-free stock trading platform and mobile app a decade ago. But now, it has some new competition.

Galaxy Digital (NASDAQ: GLXY), a cryptocurrency investment company previously focused on data center infrastructure and digital assets, announced on Oct. 6 it is launching GalaxyOne as a fintech platform app to offer retail investors commission-free stock trading, crypto trades, and cash deposit accounts.

Image source: Getty Images.

Source Fool.com

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