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.

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