BNY Mellon announces it will add crypto staking services to its digital asset custody platform through a partnership with Galaxy.
The move aims to expand its services to institutional crypto investors but is still awaiting regulatory approval. Galaxy will provide staking infrastructure for BNY Mellon and assist in expanding its blockchain-based services as a design partner. BNY Mellon has been steadily expanding its digital assets business since launching crypto custody services in 2022.
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