Galaxy has announced a collaboration with BNY to incorporate staking into BNY’s Digital Asset Custody platform, leveraging Galaxy’s expertise in the area to deliver returns to clients. The offering is subject to regulatory review.
Apart from staking, Galaxy will serve as a design partner for BNY’s digital asset platform infrastructure. Beyond its extensive expertise in crypto lending and asset management, the digital asset firm was one of the first to launch a digitally native security for its own listed stock.
“With the addition of staking, we will be providing clients with a more comprehensive digital asset custody offering built on the governance, controls and resiliency they expect from BNY,” said Carolyn Weinberg, Chief Product and Innovation Officer at BNY.
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