BNY Partners with Galaxy to Offer Crypto Staking for Institutional Clients

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BNY, a major custody bank, is expanding its digital asset custody platform to include cryptocurrency staking services. The bank has selected Galaxy to provide the underlying staking infrastructure for this initiative. The move is aimed at broadening the range of services BNY offers to institutional crypto investors. By integrating staking, BNY seeks to meet growing demand from institutions looking to earn returns on their digital asset holdings.

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