Aug 14, 2026
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.
BlackRock, Fidelity Digital Assets, Coinbase, Strategy, and other leading firms formed the Bitcoin Security Consortium, pledging $15 million over three years to fund Bitcoin security research, including post-quantum cryptography. The initiative follows Galaxy Digital's separate $5 million quantum readiness fund announced days earlier.
Galaxy Digital launched the Bitcoin Quantum Readiness Initiative, committing up to $5 million in developer grants for post-quantum cryptography solutions and establishing an advisory council to prepare Bitcoin for potential quantum computing threats.
Project Eleven unveiled an unaudited post-quantum zero-knowledge proof prototype designed to verify Bitcoin wallet ownership after Q-Day. Separately, Galaxy launched a quantum-readiness initiative on July 21 that includes up to $5 million in developer grants and a Quantum Advisory Council. Project Eleven's announcement came around the 16th anniversary of Satoshi Nakamoto's July 2010 forum post discussing a possible cryptographic upgrade path.
Galaxy Digital launched Galaxy Curator, a Morpho-based vault curation service distributed via Fireblocks Earn, giving over 2,400 institutional clients access to curated onchain stablecoin yield strategies without managing DeFi infrastructure directly.
Morgan Stanley Wealth Management announced a partnership with Galaxy Digital allowing eligible high-net-worth clients to lend Bitcoin, Ethereum, or Solana as collateral in exchange for shares of spot crypto exchange-traded products.
Galaxy Digital has opened an over-the-counter prediction markets trading desk for institutional investors, executing its first trade—a $10 million bet with hedge fund Arca on the passage of the CLARITY Act, U.S. crypto legislation.
In a research note published May 3, 2026, Galaxy Digital Research Director Alex Thorn reported that the Bitcoin community is coalescing around a consensus to leave Satoshi Nakamoto's coins untouched while preparing for quantum computing threats through post-quantum cryptography adoption.
The Kingdom of Bhutan transferred another 319 BTC to new wallets, continuing a selling streak that has reduced its sovereign Bitcoin holdings from 13,000 BTC to 3,774 BTC. Funds were routed through wallets previously used for sales via Galaxy Digital and OKX.
Galaxy shareholders holding tokenized GLXY shares will be able to participate in proxy voting on-chain in May through a partnership with Broadridge. This represents the first implementation of on-chain corporate governance for tokenized securities.