BNY to offer institutional crypto staking through Galaxy partnership

Bullish-35.82%
4 Aug, 17:10
Source: Cointelegraph

AI Summary

BNY Mellon partners with Galaxy Digital to offer institutional crypto staking services, expanding custody offerings and enabling yield generation on proof-of-stake assets for institutional clients.

BNY to offer institutional crypto staking through Galaxy partnership

The custody giant is expanding beyond safekeeping by adding staking services, allowing eligible institutional clients to earn yield on proof-of-stake assets.