BNY to add crypto staking to digital asset custody platform
The custody bank has selected Galaxy to provide staking infrastructure as it broadens services for institutional crypto investors.
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Summary
- BNY said Tuesday it plans to add staking to its digital asset custody platform through a partnership with Galaxy.
- The service will let institutional clients earn staking rewards without moving assets outside BNY’s custody.
- The move marks BNY’s latest expansion of blockchain-based services for institutional investors.
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Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Why it matters:
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
