Bank of New York Mellon (BNY) is expanding its digital asset custody platform by adding crypto staking capabilities. The move aims to cater to the growing demand from institutional investors seeking higher yields on their holdings. The bank has chosen Galaxy as the provider of staking infrastructure, which will enable seamless integration with BNY's existing custody services.
Source
"BNY Adds Crypto Staking to Digital Asset Custody Platform" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
