BNY and Galaxy Launch Institutional Staking Partnership

Finance Regulation BNY Galaxy Digital

TLDR BNY plans to add crypto staking to its Digital Asset Custody platform. Galaxy Digital will provide the validator infrastructure for the service. The platform will combine custody, staking, tax reporting, and fund accounting. Institutional clients could earn staking rewards without transferring assets to another provider. The service remains subject to regulatory approval. BNY and [...]