---
title: "GalaxyOne Institutional"
description: "GalaxyOne Institutional is Galaxy's prime brokerage platform, providing institutional clients with access to spot trading, custody, lending, staking, and settlement services through a unified API and GUI surface."
url: "https://docs.api.galaxy.com/guides/galaxyone"
image: "https://docs.api.galaxy.com/_og/d/c_Ocean.takumi,title_GalaxyOne+Institutional,description_~R2FsYXh5T25lIEluc3RpdHV0aW9uYWwgaXMgR2FsYXh5J3MgcHJpbWUgYnJva2VyYWdlIHBsYXRmb3JtLCBwcm92aWRpbmcgaW5zdGl0dXRpb25hbCBjbGllbnRzIHdpdGggYWNjZXNzIHRvIHNwb3QgdHJhZGluZywgY3VzdG9keSwgbGVuZGluZywgc3Rha2luZywgYW5kIHNldHRsZW1lbnQgc2VydmljZXMgdGhyb3VnaCBhIHVuaWZpZWQgQVBJIGFuZCBHVUkgc3VyZmFjZS4,props_eyJ0aGVtZSI6eyJtb2RlIjoiZGFyayIsImNvbG9ycyI6eyJwcmltYXJ5IjoiI2ZmNWExZiJ9fX0,p_Ii9ndWlkZXMvZ2FsYXh5b25lIg,s_b018C27bhxCRVgbU.png"
---

# GalaxyOne Institutional

GalaxyOne Institutional is Galaxy's prime brokerage platform, providing institutional clients with access to spot trading, custody, lending, staking, and settlement services through a unified API and GUI surface.

The platform is operated by GalaxyOne Prime LLC (NMLS ID: 1988685), a licensed Money Services Business registered with FinCEN and holding Money Transmission Licenses in 48 U.S. states, plus the New York BitLicense.

## [Core Platform Features](#core-platform-features)

-   **Galaxy Smart Order Router (GSOR)** — Optimized execution routing and algo execution for trading
-   **Transaction and Inventory Management System (TIMS)** — Real-time position and balance tracking
-   **User Management and Permissioning** — Bespoke role-based access controls for institutional team structures using the UI
-   **Staking** — Integrated staking operations and lifecycle management
-   **Margin** - Margin services if requested
-   **Custody** - Single or Multi-custodial services
-   **Unified Reporting** - Comprehesive unified reporting across all services
-   **FIX and REST APIs** - API support across the services

## [Access Channels](#access-channels)

-   **API** — Primary integration path for institutional backend systems
-   **GUI** — Web-based portal for operational and trading teams
-   **Voice/Chat** — Supported for institutional order flow where applicable

## [Supported Assets](#supported-assets)

GalaxyOne Institutional supports a broad and expanding set of digital assets including, but not limited to:

BTC, ETH, SOL, AVAX, ADA, DOT, XRP, XLM, LTC, BCH, DOGE, ZEC, LINK, UNI, AAVE, MORPHO, POL, HBAR, SUI, HYPE, USDC, USDT, PYUSD, and USD.

## [Order Types and Execution](#order-types-and-execution)

| Capability            | Detail                                          |
| :-------------------- | :---------------------------------------------- |
| Order types           | Market Orders, Limit Orders                     |
| Execution models      | Fill or Kill (FOK), Immediate or Canceled (IOC) |
| Algorithmic execution | TWAP                                            |
| Smart order routing   | Galaxy Smart Order Router (GSOR)                |

## [Settlement](#settlement)

Flexible settlement on a client-elected schedule:

-   **Daily net settlement** — netting across eligible trades on the client's configured schedule
-   **Credit model** — available for qualifying counterparties
-   **Fully funded model** — pre-funded account, no credit exposure, immediate settlement

## [Fiat Rails](#fiat-rails)

Supported fiat onramp/offramp partners: BNY, Customers Bank, Banking Circle.

## [Custody](#custody)

GalaxyOne Institutional is connected to a network of regulated Qualifying Custodians:

-   Anchorage Digital Bank N.A.
-   BitGo
-   Fireblocks Trust
-   Coinbase Custody
-   Fidelity Digital Assets
-   BNY Digital Assets

## [Control Background](#control-background)

-   Client asset reconciliation is designed around an authoritative client subledger and custodial asset-location records.
-   Reconciliation runs intraday, daily, and monthly, with escalation SLAs for breaks.
-   Digital signing uses hybrid controls: routine operations can be system-driven, while sensitive actions require explicit authorization and, for custody, MPC or multi-signature controls.

## [Margin Controls](#margin-controls)

-   Per-asset loan-to-value (LTV) ratios
-   Role-based access and approval workflows
-   Risk approval gates for margin activity

## [Security and Compliance](#security-and-compliance)

-   SOC 2 Type II compliant
-   New York BitLicense
-   Money Transmission Licenses in 48 U.S. states
-   FinCEN-registered MSB

## [Integration Path](#integration-path)

Integration follows a phased conformance model:

| Phase               | Scope                                                                    | Typical Duration |
| :------------------ | :----------------------------------------------------------------------- | :--------------- |
| 1 — UAT setup       | Network access provisioning, onboarding information, credentials         | 2–4 weeks        |
| 2 — UAT conformance | Conformance testing, production configuration, Prime Agreement execution | 1–3 weeks        |
| 3 — Production      | Small-value production testing for trading, settlement, and monitoring   | 1–3 weeks        |

During UAT, Galaxy provides FIX credentials and/or REST API keys if requested, access to our Prime Brokerage UI and sets up dedicated communication channels. Production cutover requires network whitelisting and completion of onboarding due diligence.

## [API Reference](#api-reference)

Browse the interactive OpenAPI reference for the GalaxyOne Institutional APIs — endpoints, request and response schemas, authentication, and in-browser “Try it” — in the [API catalog](https://docs.api.galaxy.com/apis).