BNY Mellon, a major custody bank, now offers crypto staking services for institutional clients through a partnership with Galaxy. This allows these clients to earn returns on their proof-of-stake digital assets securely.
BNY Mellon, a large financial services company known for custody, is expanding its crypto offerings. They have partnered with Galaxy to provide staking services for their institutional clients. Staking allows participants to earn rewards by locking up their proof-of-stake (PoS) cryptocurrencies to help secure the network. This new service enables eligible clients to generate yield on their digital assets, moving BNY Mellon beyond just holding these assets securely. It marks a significant step for traditional finance entering the growing digital asset space.
843.729 SRY