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Aug 4, 2026

BNY Partners with Galaxy Digital to Add Crypto Staking to Institutional Custody Platform

BNY, the largest custodian bank in the US, announced a partnership with Galaxy Digital to add cryptocurrency staking services to its digital asset custody platform, allowing institutional clients to earn staking rewards without moving assets off the platform, pending regulatory approval.

Aug 4, 2026·7 sources
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Top claims

  • ▪As of June 30, 2026, BNY oversees $62.6 trillion in assets under custody and administration, and $2.2 trillion in assets under management.
  • ▪The partnership allows BNY's institutional clients to earn staking rewards on eligible digital assets without transferring them to an external provider.
  • ▪Galaxy Digital is an early client of BNY's Digital Asset Custody platform, placing the firm as both an infrastructure builder and a platform user.

Topics

Institutional crypto adoptionCrypto & banking regulationInstitutional crypto partnerships & milestonesYield farming & stakingCrypto custody regulation
Ethereum staking & validators

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United States

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