World · Infrastructure · Global ·
BNY Mellon adds staking infrastructure to crypto custody platform
BNY Mellon selected Galaxy to provide staking infrastructure for its digital asset custody platform, expanding services available to institutional crypto investors. The addition allows custodial clients to earn staking rewards on held cryptocurrencies.
Why it matters for the crypto market
A major custodian integrating staking into institutional-grade infrastructure widens crypto yield opportunities for large institutional holders.
Source: CoinDesk
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