The collaboration reflects rising institutional demand for regulated staking-enabled digital asset products.

Galaxy Digital (Galaxy), a New York-based provider of digital assets and data centre infrastructure solutions, has been selected as one of the approved validators to power staking for two digital asset exchange-traded products (ETPs) from Morgan Stanley Investment Management (MSIM). The products seek to track the performance of Ethereum and Solana  The products include the Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL), both listed on NYSE Arca. The product