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Galaxy Launches 4–8% Yield App to Rival Robinhood, Coinbase — Shares Up 8%

Galaxy announced an app offering 4–8% yields targeting competition with Robinhood and Coinbase; its shares rose 8% after the announcement.

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Terms & Concepts
  • Yield: The return offered by a financial or crypto product, expressed as a percentage of the invested amount.
  • Crypto exchange: A platform where users can buy, sell, and trade cryptocurrencies; examples include Coinbase and similar services.