Galaxy Digital and BNY Mellon partner to offer integrated digital asset custody and staking services for institutions.

Galaxy Digital and BNY Mellon have formed a strategic collaboration to enhance digital asset infrastructure for institutional clients by integrating staking capabilities into BNY's Digital Asset Custody platform. This partnership combines Galaxy's expertise in proof-of-stake networks with BNY's trusted custody services, aiming to provide a secure, streamlined experience for institutions to earn rewards on eligible digital assets. The collaboration also involves Galaxy acting as a design partner to improve BNY's digital asset platform infrastructure. These developments reflect growing institutional demand for comprehensive digital asset services beyond basic safekeeping, subject to regulatory review before full implementation.