The move aims to streamline institutional workflows for staking and custody through an integrated servicing model.
Galaxy Digital (Galaxy), a New York-based provider of digital assets and data centre infrastructure solutions, has collaborated with the Bank of New York Mellon Corp (BNY) to strengthen digital asset infrastructure for institutional markets. The partnership will allow eligible institutional clients to access staking within BNY’s broader servicing model The collaboration will also include support for staking, a process that allows eligible digital assets to earn rewards, on BNY’s