Galaxy Teams Up With BNY to Advance Digital Asset Custody
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Galaxy and BNY Mellon announced a staking integration that adds institutional staking to BNY’s Digital Asset Custody platform, allowing eligible clients to manage custody, staking, fund accounting, tax reporting and payments through one system. The collaboration accelerates institutional crypto adoption by combining secure custody with yield-generating staking under institutional standards, strengthening market infrastructure and on-ramps for DeFi participation.
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Galaxy and BNY have joined forces to strengthen digital asset services for institutional investors through a new staking integration. The collaboration will add institutional staking capabilities to BNY’s Digital Asset Custody platform, allowing eligible clients to manage custody and staking through one streamlined system.
Moreover, the initiative reflects growing demand for comprehensive digital asset solutions as traditional financial institutions continue embracing blockchain technology. The partnership also highlights the industry’s focus on combining secure custody with additional yield-generating opportunities under institutional standards.
Unified Platform for Institutional Clients
Eligible institutions will gain access to staking alongside custody, fund accounting, tax reporting, payment services, and client reporting where available. Consequently, investors ca…
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