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BNY Teams with Galaxy to Bring Crypto Custody and Staking Together

BNY Teams with Galaxy to Bring Crypto Custody and Staking Together

BNY has announced a collaboration with digital assets firm Galaxy to add a workflow to enable staking for clients of its crypto custody service. In addition to staking, Galaxy is serving as a design partner to further BNY digital asset platform infrastructure.

BNY says the move will bring together digital asset custody and staking within a single institutional servicing model, which is intended to provide clients with an integrated, institutional-grade experience for participating in staking through a secure, streamlined workflow, subject to regulatory review.

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