BNY to offer institutional crypto staking through Galaxy partnership
CoinTelegraph·
60-second summary
BNY Mellon is offering institutional crypto staking through its partnership with Galaxy Digital, expanding its services beyond custody and safekeeping. Eligible clients can now earn yield on proof-of-stake assets, a key feature of certain blockchain networks.
The custody giant is expanding beyond safekeeping by adding staking services, allowing eligible institutional clients to earn yield on proof-of-stake assets.