BNY, Galaxy Launch Institutional Crypto Staking Service
BNY will integrate Galaxy’s staking infrastructure into its digital asset custody platform, allowing eligible institutional clients to stake assets without leaving custody.
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BNY will integrate Galaxy’s staking infrastructure into its digital asset custody platform, allowing eligible institutional clients to stake assets without leaving custody.
BNY, Galaxy Launch Institutional Crypto Staking Service
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Written by
Sam Bourgi
staff writer
Reviewed by
Robert Lakin
staff editor
Written by
Sam Bourgi
staff writer
Reviewed by
Robert Lakin
staff editor
BNY to offer institutional crypto staking through Galaxy partnership
Latest News
Published
Aug 4, 2026
The custody giant is expanding beyond safekeeping by adding staking services, allowing eligible institutional clients to earn yield on proof-of-stake assets.
BNY and Galaxy have partnered to integrate institutional crypto staking into BNY’s digital asset custody platform, allowing eligible clients to earn staking rewards without moving assets out of custody.
Under the arrangement, which was
unveiled
on Tuesday, institutional clients will be able to stake supported proof-of-stake assets while keeping them within BNY’s custody framework. Galaxy will provide the staking infrastructure and serve as a design partner for BNY’s broader digital asset platform. The companies did not specify which digital assets will be supported.
The partnership also aims to combine custody, staking, reporting and tax services into a single offering for institutional clients, a move the companies said could simplify digital asset operations.
The partnership expands BNY’s push to integrate digital assets into traditional financial infrastructure. The bank was among the first major financial institutions to offer regulated custody for cryptocurrencies such as Bitcoin (BTC) and Ether (ETH), and has since broadened its digital asset strategy through initiatives including tokenized fund administration and efforts to
move transfer agency records onchain
.
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Original YayaNews editorial coverage, published for informational purposes.
This article is sourced from CoinTelegraph. It is for informational purposes only and does not constitute investment advice.
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