BNY is adding crypto staking capabilities to its digital asset custody platform for institutional clients. Multiple reports say BNY has selected Galaxy Digital to provide the staking infrastructure that will support the new service as the bank expands its custody offerings for crypto investors. The arrangement focuses on enabling staking within BNY’s custody environment rather than creating a standalone staking product. Galaxy Digital is expected to supply the technology and operational framework needed to facilitate staking activities, while BNY continues to handle custody-related services for clients. The announcements position staking as an incremental addition to BNY’s broader institutional crypto offering, aimed at allowing clients to potentially earn staking rewards while maintaining their assets under custody. Neither report highlights specific asset coverage, staking terms, or timelines for rollout. Overall, the coverage describes the partnership as a step toward broadening institutional-grade crypto custody services by incorporating staking infrastructure from Galaxy Digital.
BNY Selects Galaxy Digital to Add Crypto Staking to Its Custody Platform
BNY is adding crypto staking capabilities to its digital asset custody platform for institutional clients. Multiple reports say BNY has selected Galaxy Digital to provide the staking infrastructure th...
- BNY adds crypto staking to its digital asset custody platform.
- BNY selects Galaxy Digital to provide staking infrastructure.
- The partnership targets institutional crypto investors.
- The reports describe staking as an addition to BNY’s custody services.
- Specific details such as supported cryptocurrencies and rollout timing are not provided in the cited summaries.
The custody giant is expanding beyond safekeeping by adding staking services, allowing eligible institutional clients to earn yield on proof-of-stake assets.
1 hour agoThe custody bank has selected Galaxy to provide staking infrastructure as it broadens services for institutional crypto investors.
6 hours ago
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